Today, the price of gold per ounce dropped more than 1% as seen on the XAUUSD chart. This bearish sentiment may stem from several factors including investor concerns over economic stability. Gold often reacts negatively to positive trends in the USD or interest rate increases, impacting its attractiveness as a safe-haven asset. Investors should monitor the price closely to identify any significant support levels that could trigger buying opportunities. The market remains highly volatile, and shifts in sentiment can occur leading to price adjustments throughout the trading day.