Gold (XAU/USD) experienced a notable decline on Monday, retreating to session lows around $4,445 after reaching an all-time high of $4,550 last week. This drop of approximately $80 was driven primarily by increasing optimism surrounding a potential peace deal in Ukraine and a moderate rebound in the US Dollar’s exchange rate, which influenced trading in precious metals during this thin year-end period.
As market participants adjusted their positions, the precious metals sector felt the impact of reduced buying interest. With the USD showing signs of strength, the shift in sentiment underscores the fragility of gold prices in response to geopolitical developments and currency fluctuations. Traders will be closely monitoring these dynamics as they navigate the final trading sessions of the year.
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Data Source: FX Killer Analysis Team Updated: 2025-12-29 11:18
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.