Gold Falls to One-Year Low Near $3,850 as Fed Hawks Take Charge

Gold fell to a one‑year low near $3,850 as the Federal Reserve’s hawkish stance intensified, according to FXStreet.\n\n## Market Reaction\nGold’s decline signals a shift toward risk‑off sentiment, potentially impacting other risk assets.\n\n## Drivers\nThe move follows heightened expectations of higher rates from Fed hawks, tightening monetary policy.\n\n## Key facts\n- Gold price dropped to $3,850, a one‑year low.\n- Fed hawks increased rate expectations.\n- Gold fell amid risk‑off sentiment.