Gold price prediction: Why are prices down to 7-week low? Check outlook for today

Gold price prediction today: Gold has had a rough month. It's fallen nearly 12% from its August highs, touching a seven-week low of $4,111 an ounce. Treasury yields have been the biggest headwind, with the 30-year touching its highest level since 2002 and the 10-year near its highest since 2007.