Gold Prices Fall 13% in Over Two Months: What's Driving the Sharp Correction?
India, Oct. 29 -- Gold has long been considered a safe-haven asset during periods of economic uncertainty and market volatility. However, the recent decline in prices has raised concerns among investors about the factors driving the correction. Movements in the US dollar, Treasury yields, interest-rate expectations and investor positioning are influencing the bullion market, making it important to understand what is behind the fall and what it could mean for gold investors. Gold is trading at around 1,43,555 per 10 grams as of October 29, 2026, down nearly 13% from 1,65,559 per 10 grams on August 24, 2026.
Rising US Treasury Yields Put Pressure on Gold
One of the primary reasons why gold has been weak recently is because of the increasi...
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