Gold Prices Retreat from Record Highs on Profit-Taking

Gold prices have seen a slight downturn from recent record highs, primarily driven by traders taking profits. This modest retreat comes after a significant surge in 2025, fueled by expectations of US Federal Reserve interest rate cuts and persistent global geopolitical tensions.

• Gold prices recently hit an all-time record high around $4,550 per ounce.
• The current dip is attributed to profit-taking by traders ahead of year-end holidays.
• Expectations of US Federal Reserve interest rate cuts in 2026 support gold's long-term bullish outlook.
• Persistent geopolitical tensions globally continue to bolster gold's safe-haven appeal.
• Indian gold markets also reflect this trend, with prices dipping slightly after record peaks.
• Gold has seen its best annual performance since 1979, surging nearly 70% in 2025.

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