Gold falls below $4,000 an ounce for the first time since November

Gold prices have taken a dive, dropping below $4,000 an ounce for the first time since November, signaling a 25% loss this year. This shift indicates that investors are no longer viewing gold as a safe-haven asset amid global uncertainties. Instead, expectations of rising interest rates are driving this decline, as they typically make fixed-income investments more attractive. This significant drop in gold's value could have broader implications for markets and the economy, as gold is often seen as a hedge against inflation and economic turmoil.