Gold down 24.6% from 2026 high, Mirae Asset says
Mirae Asset Mutual Fund says international gold has corrected 24.6% from its 2026 all-time high of $5,417/oz, citing higher US Treasury yields and expectations of further monetary tightening.
6% from their 2026 all-time high of $5,417 per ounce, with higher US Treasury yields and expectations of further monetary tightening pressuring the precious metal, according to Mirae Asset Mutual Fund. The fund house said it still expects central bank purchases to support demand.