“The one pillar which remains strong is central bank demand, and we expect this to be the case for some time to come…”

Gold plunged back below $4,000 an ounce for the first time since November 2025 this morning, as a resurgent dollar and the prospect of higher interest rates bring bullion’s three-year bull market to a halt (now down 30% from its January highs).

https://www.zerohedge.com/precious-metals/hawkish-warsh-hammers-barbarous-relic-gold-crashes-back-below-4000-rate-hike-odds