The Price of Gold: Why the Recent Drops in the Asset Are Happening

Portafolio Journalist 10.02.2026 18:20 Updated: 10.02.2026 18:20

The Price of Gold: Why the Recent Drops in the Asset Are Happening

TL;DR

  • Gold reached historic highs above $4,000 per ounce in 2025, gaining nearly 55%.
  • Recent price drops are attributed to technical factors and profit-taking after a strong rally.
  • JP Morgan believes the long-term bullish trend for gold is intact due to structural demand.
  • Central bank and investor demand exceeded 980 tons in Q3 2025, supporting gold prices.
  • Factors like interest rate expectations and geopolitical uncertainty influence short-term volatility.