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Gold corrects 24.6% from record high: Why Mirae Asset sees an investment opportunity below $4,200

Businesstoday.In
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In brief

Gold prices have corrected 24.6% from their 2026 all-time high of $5,417 per ounce, but Mirae Asset Mutual Fund believes the decline could present an investment opportunity, with central bank …

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Why it matters for gold

The report from Businesstoday.In focuses on “Gold corrects 24.6% from record high: Why Mirae Asset sees an investment opportunity below $4,200.” The wording points to a fresh price extreme, which can attract momentum demand while also encouraging profit-taking. The cited reference figures — 24.6%, $4,200, $5,417 — provide concrete levels to compare with subsequent sessions. Central-bank decisions affect bonds, currencies and the relative valuation of defensive assets at the same time. The next test is whether the effect remains visible after the first trading session has closed. This is market context, not a price forecast or investment advice.

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