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Explained: Why gold investors should tone down expectations as yellow metal plunges to a 1-year low

Source: ET Markets ·

Explained: Why gold investors should tone down expectations as yellow metal plunges to a 1-year low

Gold has fallen more than 30% from its January record high, with rising oil prices, inflation concerns and expectations of further Fed rate hikes adding to pressure. Analysts remain cautious about a near-term recovery, even as major banks retain bullish forecasts for 2027.

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