Gold (XAU/USD) Retreats from Record Highs Near $4,526 Amid Profit-Taking

Gold prices (XAU/USD) recently surged to a new all-time high of approximately $4,526 on December 24, 2025, before pulling back to trade just below the $4,500 mark. The rally, driven by geopolitical tensions and expectations of Fed rate cuts in 2026, reflects strong investor and central bank demand, though some profit-taking is now observed.

• Gold (XAU/USD) hit a new all-time high of approximately $4,526 on December 24, 2025.
• Current XAU/USD prices are trading below $4,500 following a period of profit-taking.
• Geopolitical risks and expectations of a dovish US Federal Reserve are key drivers for gold's upward trend.
• Analysts forecast gold prices could reach $5,000/oz by late 2026 and potentially $6,000/oz longer term.
• Gold has seen a remarkable 60-70% surge in 2025, marking one of its strongest annual performances.
• High gold prices significantly impact the Indian market, where rates for 24K gold are over ₹14,000 per gram.

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