Published: Sep 29, 2026, 19:50 IST | Updated: Sep 29, 2026, 19:50 IST
Gold prices are cooling after a powerful rally. Spot gold is hovering near a seven-week low as rising US Treasury yields and expectations of higher-for-longer interest rates weigh on the non-yielding asset. But is this just a correction, or could gold face deeper pressure? Central-bank buying, geopolitical risks and upcoming Indian festive demand remain key factors to watch.