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Gold Is Closing Its Worst Quarter Since 2013. A War Made It Happen
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 it goes: higher rate-hike expectations, a stronger dollar, elevated real yields. But it misses the inversion that makes this quarter genuinely unusual. Gold is falling during a war. That is not how it is supposed to work. For decades, Middle East conflict has ... (full story)
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From kitco.com | Jun 30, 2026
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 ...
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From exchangerates.org.uk | Jun 30, 2026
Gold prices have steadied after one of their sharpest monthly declines in years, and HSBC believes the precious metal is approaching a level where long-term investors may begin returning. Gold (XAU/USD) traded near $4,021 on Monday, little changed on the day after falling more than 11% in June from highs above $4,540. HSBC says gold has been hit by a ...
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- Jun 30, 2026 3:48pm Posted byFundamental Analysis220
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