Will gold prices fall further? Check reasons behind the recent dip, forecasts and more
New Delhi, Oct. 11 -- Gold's fall has left investors wondering whether to buy, wait or sell. Prices have dropped around 5% in 2026 and 13.6% over six months. According to TradingView, spot gold stood near $4,194.65 per ounce on 10 October.
Rising US bond yields are the main reason for the recent fall. The US 10-year Treasury yield has climbed to around 5.27%. Gold does not pay interest, making higher-paying bonds more attractive to investors. This can reduce demand for gold.
A stronger US dollar has also put pressure on gold prices. The Dollar Index has gained over 3% this year. Fears of further US interest-rate increases have also weighed on gold.
Higher crude oil prices linked to Iran conflict concerns have increased inflation worrie...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.