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Thursday, 12 November 2026

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Gold Price Today: Gold Falls 26% From Record High

UK economy desk, Trade News UK (2026-11-12): Gold Price Today: Gold Falls 26% From Record High Gold prices are trading around $4,100–$4,200 per ounce, down nearly 26% from their 2026 all-time high of… Primary source: original at Coinpedia (coinpedia.org).

Gold Price Today: Gold Falls 26% From Record High

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 and strong ETF demand are supporting gold. Global gold ETFs recorded inflows of 211 tonnes in Q3 2026. The analyst expects gold to recover when US interest rates stabilise or begin falling.

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