Gold's Record Surge Sparks Selling Frenzy, Dampens Buyer Interest The gold market is experiencing a significant shift as record-high prices dampen physical demand in key markets worldwide. As gold prices soar to unprecedented levels, retail consumers are increasingly opting to sell their holdings and capitalize on profits rather than make new purchases. This trend has led to a sharp decline in physical gold demand across major markets, including India and China, the world’s top consumers. The rally, fueled by anticipated U.S. Federal Reserve interest rate cuts and geopolitical tensions, has pushed gold to its highest price in years, creating a challenging environment for traditional buyers and potentially reshaping the dynamics of the global gold market. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Asia's Demand Fuels Gold Price Surge, Says Julius Baer READ MORE The Best Time to Buy Gold & Silver in 2024 READ MORE Rising Gold Prices Could Push India's Demand to Lowest in Four Years, Says WGC READ MORE Fed Considers Careful Step Back from Quantitative Tightening READ MORE Forbes Explains CBDCs: Understanding the Rise of CBDCs READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment