Gold prices drop 26% as Fed rate hikes offset geopolitical demand

PravdaReport ·
Russia

Gold prices in 2026 have undergone a significant correction, shifting the asset from a perceived bubble zone toward a range more suitable for long-term accumulation. Between January and October, the price of the metal dropped from a historic peak of $5,595 per troy ounce to $4,130, representing a 26% decline from the high and a 20% drop from February levels, which fluctuated between $5,180 and…

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