Gold prices can fall due to various fundamental factors. One significant factor is the monetary policy decisions of central banks, particularly regarding interest rates. If central banks raise interest rates to curb inflation or support economic growth, it can make alternative assets that generate interest, such as bonds, more attractive compared to non-interest-bearing assets like gold. Additionally, a strengthening US dollar can contribute to lower gold prices, as gold is denominated in dollars and becomes more expensive for holders of other currencies. Improvements in geopolitical stability or reduced economic uncertainties may also reduce the demand for safe-haven assets like gold, leading to a decline in prices. Moreover, if economic data, such as strong GDP growth or low unemployment rates, signals a robust economy, investors may favor riskier assets over gold, further pressuring its prices downward.