Gold gains 66% YTD before minor correction on profit-taking
Gold fell 0.5% to $4,230/oz after a 66% YTD rally, driven by central-bank buying and ETF flows; analysts see support above $4,000.
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12h agoGold gains 66% YTD before minor correction on profit-taking
Spot gold prices eased 0.5% to $4,230/oz after an exceptional 66% year-to-date rally driven by global risk hedging and safe-haven demand. Analysts said recent profit-booking followed record ETF inflows and multi-year central bank purchases. The World Gold Council reported 2,900 tonnes of official sector buying in 2025, the highest in decades. Despite the pullback, traders expect gold to stay above $4,000 as real yields decline and geopolitical risks persist into Q4.
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12h agoGold gains 66% YTD before minor correction on profit-taking
Spot gold prices eased 0.5% to $4,230/oz after an exceptional 66% year-to-date rally driven by global risk hedging and safe-haven demand. Analysts said recent profit-booking followed record ETF inflows and multi-year central bank purchases. The World Gold Council reported 2,900 tonnes of official sector buying in 2025, the highest in decades. Despite the pullback, traders expect gold to stay above $4,000 as real yields decline and geopolitical risks persist into Q4.
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Gold gains 66% YTD before minor correction on profit-taking
about 13 hours ago
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Gold fell 0.5% to $4,230/oz after a 66% YTD rally, driven by central-bank buying and ETF flows; analysts see support above $4,000.
Spot gold prices eased 0.5% to $4,230/oz after an exceptional 66% year-to-date rally driven by global risk hedging and safe-haven demand. Analysts said recent profit-booking followed record ETF inflows and multi-year central bank purchases. The World Gold Council reported 2,900 tonnes of official sector buying in 2025, the highest in decades. Despite the pullback, traders expect gold to stay above $4,000 as real yields decline and geopolitical risks persist into Q4.
Spot gold prices eased 0.5% to $4,230/oz after an exceptional 66% year-to-date rally driven by global risk hedging and safe-haven demand. Analysts said recent profit-booking followed record ETF inflows and multi-year central bank purchases. The World Gold Council reported 2,900 tonnes of official sector buying in 2025, the highest in decades. Despite the pullback, traders expect gold to stay above $4,000 as real yields decline and geopolitical risks persist into Q4.
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Oct 21, 2025 • 12:58 IST