Here's the real reason gold prices plunged — and why the selloff likely isn't over yet

Core Viewpoint - The recent decline in gold prices is attributed to persistent bullish sentiment among investors, indicating that further selloff may be imminent [1]. Group 1 - Gold prices experienced a significant drop last Friday, but the bullish sentiment among investors remains high [1]. - The lack of bearish fear among gold investors suggests that contrarian analysts predict more downside for gold prices [1].