Gold prices experienced a slight decline from recent record highs on Monday, influenced by profit-taking and reduced geopolitical tensions. Spot gold fell to $4,448.23 an ounce, with U.S. futures and MCX futures also showing decreases. Despite this pullback, gold has seen an approximately 80% surge this year due to expectations of easier U.S. monetary policy, a weaker dollar, and central bank demand. Analysts anticipate continued volatility, with gold expected to trade between 1,35,000-1,42,000.