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    <title>Gold snaps 8-day rally; drops Rs 1,000 to Rs 1.06 lakh/10 g on profit booking</title>
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    <description>Gold prices declined after profit-taking ended an eight-day rally, with spot and futures contracts correcting from record highs. The pullback was driven by technical overbought conditions and shifting expectations of US monetary easing, which weakened the US dollar and altered futures dynamics. Despite the correction, elevated levels are supported by geopolitical tensions, central bank and festival-season demand, and concerns about reserve diversification, leaving the US dollar and policy expectations as the principal near-term determinants of bullion direction.</description>
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