The following are some factors that may lead to the downward adjustment of gold prices:
1. USD strength: The price of gold is usually negatively correlated with the price of USD. When the dollar strengthens, the price of gold may fall, because a stronger dollar will make gold more expensive for holders of other currencies.
2. Slow inflation: Gold is usually considered as a hedge against inflation. When the inflation rate is low, the demand for gold may decrease, leading to a decline in price.
3. Economic recovery: During economic recession or crisis, investors usually seek gold as a safe-haven asset. However, when the economy recovers, investors may put money into the stock market or other investment tools, resulting in a decrease in demand for gold and a decrease in its price.
4. Investor sentiment: Investors' demand for gold is affected by market sentiment. If investors are generally optimistic, it may lead to a decrease in demand for gold and a decrease in price.
It should be noted that the price of gold fluctuates greatly and the influencing factors are complex, so it is impossible to predict its future price trend. When making investment decisions, please be sure to conduct full research and consider consulting professional investment consultants.