08 Nov 2025 | 5 Mins Read
Gold Prices Plunge: What's Causing the Downturn and Investor Next Steps
Flipitmoney
Gold prices fell over 10% since hitting ATH of $4381 per ounce on October 20, 2025, due to profit booking, a ceasefire in Gaza, a muted response to a US Fed rate cut, and a surge in US Treasury yields and the dollar. Central banks remain net buyers but investors must reassess their positions and consider buying opportunities or book profits based on short-term and long-term trends.