Gold Slips Below $4,000/oz as Analysts Call Downturn 'Correction'

Core Insights - The stock market is experiencing a downturn, with the Nasdaq index falling, primarily driven by declines in major technology stocks [1] - Gold futures have dropped below the $4,000 per troy ounce mark, with analysts describing this trend as a "correction" [1] - Analyst John Caruso suggests that while the current decline may deepen in the near term, there is an expectation for future increases in precious metals once the pressure subsides [2]