Gold prices extend fall after posting sharpest drop since 2020 on easing U.S.-China trade tensions. What’s next for investors?

Gold prices extended their decline after a record-setting rally, slipping as traders booked profits and optimism grew over U.S.-China trade relations. Despite the selloff, gold remains one of 2025’s top-performing assets. Analysts expect domestic prices to open weaker, with festive demand and U.S. inflation data steering near-term sentiment.