Will gold break its historic trend

Gold prices have fallen from their record high in January, which exceeded $5,500 per ounce, experiencing a 20% decline from the peak so far, despite ongoing demand from some central banks and geopolitical tensions. This raises questions about the likelihood of further declines or a continuation of the upward trend, as the market now relies more heavily on expectations regarding monetary policy and oil prices, both of which are influenced by Iran's conflict and projections for US interest rates.

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