Reasons behind the 30% drop in gold prices from January's record peak
Gold saw a roughly 30% price correction after reaching a record high this past January, even as global tensions persisted and central banks kept purchasing the metal. According to a Livemint report, this indicates that market focus has moved away from safe-haven interest toward bond yields, interest rates, and general financial trends. An expert noted that investors are now weighing how ongoing geopolitical conflicts might impact inflation and upcoming decisions on interest rates.
by shortkt.com✓