Gold Price Today: Gold Falls 26% From Record High

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Gold prices are trading around $4,100–$4,200 per ounce, down nearly 26% from their 2026 all-time high of $5,600. The decline is driven by rising US interest rates and bond yields, which are pushing investors towards bonds offering nearly 5% returns instead of gold. A stronger dollar is also weighing on prices. However, central bank purchases …