Gold Prices

Why Gold Prices Are Dropping and What to Watch Next

I’ve been keeping an eye on gold prices lately, and wow, they’ve taken a bit of a hit! As we head into the European tradingsession, gold (XAU/USD) is sitting well below $3,300, actually touching a one-week low this Wednesday. So, what’s causing this dip? Let’s break it down in simpleterms.

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Gold Rates Today: Gold and silver prices fall again, prices reach a low of $3,210

Citi Forecasts Downturn in Gold Futures

According to Citi Research, gold prices might have peaked, with a projected decline in the third quarter of 2025. The firm anticipates gold will likely stabilize between $3,100 and $3,500 per troy ounce in Q3, followed by a further drop through the end of 2025 into 2026.

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