"Gold's Downward Spiral: Predictions of $1850 and $1800 Lows"

Gold prices have fallen to their lowest level since March due to the strength of the US dollar and rising bond yields. Analysts predict that gold could drop further to $1,850 and then $1,800 after breaking below the August lows. The Federal Reserve's indication of maintaining a restrictive monetary policy has pushed bond yields to 16-year highs and the US dollar to its highest level since November. However, some analysts maintain a long-term bullish outlook on gold, citing rising energy prices and slower economic growth as factors that could eventually push gold prices back above $2,000 an ounce.