** Gold prices are taking a breather after a recent surge, dipping into a short-term correction phase. According to a new report, the precious metal is expected to trade between $3,050 and $3,250 per ounce in the second quarter—still high, but cooling off from previous peaks. Investors are keeping a close eye on whether this is just a temporary pullback or the start of a longer trend.

What This Mean: ** Gold’s dip might not be a crash, but it’s a sign that even safe-haven assets aren’t immune to market swings. For everyday folks, this could mean slightly cheaper jewelry or investment opportunities, but traders are watching to see if inflation, interest rates, or global uncertainty push prices back up. Basically, don’t panic—but don’t ignore it either.

Gold prices dropped to a one-month low below $3,200 amid bearish pressure, with geopolitical developments likely to drive near-term valuation due to a lack of major economic data.

What This Mean: The decline in gold reflects reduced safe-haven demand following the US-China trade deal, signaling improved market confidence but potential volatility from geopolitical factors.

Gold prices drop below $3,200, losing over $300 from April's record high, as safe-haven demand weakens and technical selling increases, marking a 4% weekly decline.