Gold drops to $4,350/oz, down 1.3% on session

The pullback to $4,350 marks a notable break from recent momentum, signaling that the precious metal is not immune to profit-taking after a sustained run. This move likely pressures traders who have piled into gold as a hedge, given the sharp single-session drop. The key question is whether this is a corrective pause or the start of a deeper retracement, especially as market participants reassess risk appetite. Watching how gold holds near this level will indicate if the broader uptrend remains intact or if volatility is set to increase.