-
Gold heads for worst quarter in 13 years on strong US dollar, Fed hike bets
Gold edged higher from a near seven-month low on Tuesday but remained on track for its worst quarterly performance since the second quarter of 2013, as the dollar remained firm amid expectations of U.S. interest rate hikes. Spot gold inched up 0.4% at $4,031.29 per ounce, as of 1150 GMT, after touching its lowest level since November 2025 earlier in the session. U.S. gold futures for August delivery lost 0.2% to $4,045.30/oz. "The failure to sustain gains (for gold) highlights the current fragile sentiment, where traders continue to sell into strength rather than buy into weakness, a notable shift from the ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
From goldsilver.com | Jun 30, 2026
Gold entered Q2 at around $4,700 an ounce. As of June 30, 2026, it is leaving at $4,015. That is a gold price decline of roughly 14% — the worst quarterly performance since Q2 2013, according to Reuters, when the Federal Reserve’s taper tantrum sent bullion down 22.8% [Macrotrends, historical gold price data]. The mainstream explanation is correct as far as ...
DOLLAR/YEN BRIEFLY SEES SHARP DROP LAST UP 0.25% AT 162.34 Just in | Market Speculation Surrounds Potential JPY Intervention
From fxleaders.com | Jun 30, 2026
Spot gold has undergone a sharp 30% correction after peaking at an all-time high of $5,589/oz in January 2026. It breached the psychologically significant $4,000 mark in late June, finding dynamic short-term support in the $3,960–$3,970 range before experiencing a minor relief bounce to around $4,050/oz. The primary culprit behind gold’s multi-month slide ...
