Gold’s Usual Autumn Pullback: A Correction in Context
Gold fell 11.7% from late August to late September, a typical autumn pullback. The selloff was driven by surging Fed rate hike expectations and mean reversion after a strong rally.
Gold Market
Gold fell 11.7% from late August to late September, a typical autumn pullback. The selloff was driven by surging Fed rate hike expectations and mean reversion after a strong rally.
The gold price is heavily influenced by demand from India and China, the world's two largest consumers, whose cultural and economic factors create recurring patterns.