GOLD MARKET price #GENIUSAct $BTC
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Gold prices have recently undergone a correction after reaching record highs earlier in the year. This pullback is driven by several key market factors, including a stronger U.S. dollar, rising Treasury yields, and shifting expectations around interest rate cuts by the Federal Reserve. As inflation shows signs of easing and the U.S. economy remains relatively resilient, investors are reassessing their need for safe-haven assets like gold. Additionally, profit-taking by investors after the recent rally has contributed to the downward pressure. Despite the correction, long-term demand for gold remains supported by geopolitical tensions, central bank buying, and concerns over global economic uncertainty.