Gold prices have significantly declined from the record highs observed earlier last week. ING’s commodity analysts Ewa Manthey and Warren Patterson attribute this downturn to several market factors, including the recent economic sentiment surrounding tariffs. As investors shift their focus, it’s essential to analyze how global tensions and trade disadvantages influence gold and the broader metal complex. The decrease in gold prices suggests that traders should consider how these macroeconomic factors play into their investment decisions. Staying informed on market trends will be crucial for navigating the precious metals market in this fluctuating environment.