Gold Fluctuates Around $5,000 as Banks Remain Bullish After Rout
Gold bars at a Goldenmark bullion dealer arranged in Warsaw, Poland.
Photographer: Damian Lemanski/BloombergGold wavered around $5,000 after a two-day gain, as investors assess whether prices have found a floor following a historic selloff.
Spot gold traded in a narrow range on Wednesday, while silver fell. Bullion has retreated about 10% since hitting a record on Jan. 29, though it remains firmly higher for the year.