Gold has slid nearly 26% from its 2026 all-time high as rising US interest rates and bond yields draw investors toward bonds. Central bank purchases and ETF demand are supporting the metal.
Gold now trades around $4,100–$4,200 per ounce, down nearly 26% from its 2026 all-time high of $5,600.
Rising US interest rates and bond yields drive the decline, according to the source. Bonds now offer nearly 5% returns, which pushes investors away from gold. A stronger dollar also weighs on prices.
However, central bank purchases and strong ETF demand support gold, and global gold ETFs recorded inflows of 211 tonnes in Q3 2026.
The analyst expects gold to recover when US interest rates stabilise or begin falling.
Source: Coinpedia Fintech News
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