NEW YORK, 24th June, 2026 (WAM) — Gold prices fell to a more than seven-month low on Wednesday and traded below the key $4,000-per-ounce level, due to pressure from a firmer US dollar and growing expectations of interest rate hikes.
Spot gold fell 3.3% to $3,973.79 an ounce as of 2:00 p.m. EDT (1800 GMT), after hitting its lowest level since November 2025.
US gold futures settled 3.4% lower at $4,008.80.
Source: Emirates News Agency