Topic
gold
Finance Gold loans jump 93.8% y-o-y, fuel bank credit growth in Q1FY27
According to Business Today, gold loans expanded 93.8% year-on-year at end-June 2026, accounting for 13.1% of incremental non-food credit. Overall bank credit rose 18.6% to Rs 219.3 lakh crore, led by industry (19.2%) and services (21.4%) growth.
Commodities MCX Gold Futures Drop to Rs 1,44,022 per 10g on Weak Spot Demand
Gold futures on MCX fell Rs 818 to Rs 1,44,022 per 10 grams on weak spot demand, with a firmer dollar and profit booking also weighing on prices. The World Gold Council reported steady Q2 demand at 1,269 tonnes, while bullion gained 1.7% in the month.
Commodities Gold Rates Today July 31: Prices Rise in Mumbai, Delhi, Chennai, Kolkata, Bengaluru
Gold prices in India rose across all major cities on July 31, 2026, according to The Hindu Business Line. The 22-carat rate advanced ₹25 per gram and 24-carat ₹26 per gram in Mumbai, Delhi, Chennai, Hyderabad, Bengaluru, Ahmedabad and Kolkata. Kolkata recorded the highest rates, while Chennai and Hyderabad had the lowest.
Commodities Global Gold Demand Flat at 1,269 Tonnes in April-June Quarter: WGC Report
Global gold demand was virtually flat at 1,269 tonnes in the April-June quarter of 2026, according to the World Gold Council. Investment demand eased due to lower prices, but central bank purchases jumped 62%. Jewellery demand fell 17% in volume terms.
Commodities Gold Prices Rise Across Major Indian Cities on July 30; Chennai, Hyderabad See Steeper Gains
Gold prices in India increased across all major cities on July 30, 2026, with 22-carat gold rising by ₹15 per gram in most cities but by ₹75 per gram in Chennai and Hyderabad. The data, courtesy of bankbazaar.com, shows Mumbai, Delhi, Ahmedabad, Bengaluru, and Kolkata recording smaller gains, while Chennai and Hyderabad saw larger upticks.
Trade Gold tariff hike boosts grey market, hurts organised trade, says WGC
India's decision to more than double gold import tariffs to 15% on May 13, 2026, has boosted the grey market and hurt organised trade, according to the World Gold Council (WGC). The tariff, combined with 3% GST, creates an 18% arbitrage that spurs illegal inflows. Net gold imports fell 23% year-on-year to 98.1 tons in the June quarter, the lowest since September 2020.
Commodities Gold Price Prediction Today: Fed Policy, ETF Inflows, and Technical Levels Drive July 29, 2026 Outlook
Gold prices are trading cautiously at $4,030/oz ahead of the US Federal Reserve's policy decision on July 29, 2026. A modest 0.9% weekly gain was driven by a crude oil pullback and easing Treasury yields, while the World Gold Council reported 18.1 tonnes of net ETF inflows. Key support and resistance levels are identified for both gold and silver.
Commodities Gold and Silver Slip as Fed Decision, Stronger Dollar Weigh on Bullion Prices
Gold and silver prices declined as a stronger US dollar and cautious investor sentiment ahead of the Federal Reserve's interest rate decision dampened demand. Spot gold slipped 0.1% to $4,021.87 per ounce, while silver dropped about 2% to $57.24 per ounce internationally. In the domestic market, silver fell Rs 5,200 to Rs 2,24,800 per kg.
Commodities Gold Prices Rise but Upside Capped as FOMC Decision Looms, July 28 Outlook
Spot gold traded 0.20% higher at $4065 on July 27, but fell from an intra-day high of $4116 as oil prices rebounded on geopolitical tensions. Weekly gain of 0.90% was supported by weak US durable goods data and rising Fed rate hike probabilities. Upside is capped by the upcoming FOMC decision.
Technology India Gold Metaverse Raises ₹300 Crore to Build Digital Infrastructure for Gold Economy
India Gold Metaverse (IGM) has raised ₹300 crore in equity and secondary placement to develop the first integrated digital infrastructure for India's gold economy. The platform combines blockchain, AI, and financial market technologies through four interconnected products: Elanzia, RamMudra, GoldSense, and BullionX. The investment was led by marquee investors including Ashish Kacholia and family offices, with Pantomath Group facilitating the transaction.
Commodities Gold Prices Rise Across Major Indian Cities on July 27, 2026
Gold prices in India rose across all major cities on July 27, 2026. The price for 1 gram of 22-carat gold increased by ₹70–₹85 depending on the city, while 24-carat gold rose by ₹74–₹90 per gram. Mumbai, Delhi, Ahmedabad, Bengaluru, Kolkata, Chennai, and Hyderabad all saw higher rates.
Commodities Gold Price Prediction Today: Gold Rises but Upside May Be Limited Ahead of Fed Policy Decision
Gold prices started the week on a positive note as geopolitical tensions eased and the US dollar weakened, but gains are likely capped before the Federal Reserve's policy decision, according to Manav Modi of Motilal Oswal. Technical analysis shows gold trading between key Fibonacci levels, with immediate support at Rs 143,500 and resistance at Rs 147,700.
Commodities Gold Prices Jump Over 1% as Easing Middle East Tensions Drag Oil Lower, Fed Decision in Focus
Gold prices jumped over 1% in early trade as hopes of de-escalation between the US and Iran pushed crude oil prices lower, reducing inflation concerns. Spot gold climbed 1.4% to $4,110.56 an ounce, while silver surged nearly 5%. The Federal Reserve's upcoming monetary policy decision is now the key driver for precious metals.
Commodities Gold and Silver Await Fed Decision Amid Geopolitical Tensions and Crude Oil Volatility
Gold and silver ended last week on a stronger note, with Comex gold rising 1.3% and silver nearly 5%. This week, the Federal Reserve's interest rate decision, US-Iran tensions, and crude oil price movements will drive bullion. Analysts note range-bound trading amid geopolitical uncertainty and continued official-sector buying.
Commodities Gold Prices in India Fall Across All Major Cities on July 24, 2026
Gold prices in India declined across all major cities on July 24, 2026, with 22-carat gold dropping by ₹270 per gram and 24-carat by ₹283-₹284 per gram. Prices for 8 grams also fell proportionally, according to data from bankbazaar.com as reported by The Hindu BusinessLine. The uniform decrease reflects a broad market trend, though no specific driver was cited.
Commodities Gold falls over 2%, silver drops nearly 4% as rising oil prices fuel inflation and rate concerns
Gold prices declined over 2% and silver fell nearly 4% as rising crude oil prices revived inflation worries, prompting expectations that central banks may maintain restrictive monetary policies. According to The Times of India, higher oil costs have reduced the appeal of non-yielding assets like precious metals amid heightened rate hike fears.
Commodities Gold surges Rs 800 in Delhi; silver steady as Fed, geopolitics, China demand steer precious metals
Gold prices in the Indian capital gained Rs 800 per 10 grams to Rs 1,47,700 on Tuesday, driven by strong physical buying and favourable global cues. Silver remained flat at Rs 2,21,500 per kg. Analysts attribute silver's recent outperformance to improving industrial demand expectations amid US-Iran diplomatic engagement and China's tech sector support, while gold continues to benefit from central bank purchases and Chinese physical demand. The US Federal Reserve is expected to keep interest rates unchanged for the rest of 2026, according to a Reuters poll.
Commodities Gold Price Prediction Today: Why Are Gold Prices Under Pressure? Outlook for July 20, 2026
Gold prices remain under pressure, trading around $4,000 as escalating US-Iran tensions and rising crude oil prices stoke inflation concerns, reinforcing expectations of higher-for-longer interest rates. Federal Reserve officials emphasize the need for sustained price moderation before policy easing, while the US dollar and Treasury yields stay firm. Technically, gold is below its 20-day moving average, with key support at Rs 139,200–140,000 and resistance at Rs 143,500.
Commodities Gold Slips as Middle East Tensions Push Crude Higher; Silver Also Declines
International gold prices slipped as rising Middle East tensions pushed Brent crude above $90/barrel, reviving inflation concerns. Spot gold fell 0.4% to $4,000.55/oz, while Comex gold futures for August delivery dropped 0.3% to $4,005.9. Silver also declined sharply. Physical demand weakened in Asia, with Indian discounts widening to near one-month highs.
Commodities Gold, silver under pressure this week as US-Iran conflict, oil rally cloud outlook
Gold and silver are under pressure this week as escalating US-Iran conflict, surging crude oil prices, and a stronger dollar weigh on precious metals. MCX gold futures fell nearly 2% to Rs 1.40 lakh per 10 grams, while silver dropped 2.8% to Rs 2.16 lakh per kg. Investors await key economic data from the US, Europe, and China for further direction.
Commodities Gold Price Prediction: Buy on Dips Strategy for MCX Gold August Futures on July 17, 2026
MCX Gold August futures have rebounded sharply, prompting a buy-on-dips strategy from analyst Jateen Trivedi. The technical setup shows improving momentum with a bullish MACD crossover and recovering RSI. Key support is at Rs 1,40,000, with a target of Rs 1,42,000.
Commodities Gold and Silver Slide as Rising Yields and Oil Price Surge Weigh on Precious Metals
Gold and silver prices fell sharply, with spot gold dropping 2% to around $3,984/oz and silver 3.6% to $55.68/oz, as rising US Treasury yields and higher crude oil prices dampened investor appetite. MCX silver shows technical recovery potential toward Rs 227,000 with support at Rs 218,000. Geopolitical tensions in the Middle East threaten oil routes, fueling inflation concerns and weighing on precious metals.
Finance Augmont Enterprises, NSE Tie-Up Aims to Accelerate Electronic Gold Receipt Adoption
Augmont Enterprises has tied up with the National Stock Exchange (NSE) to boost adoption of Electronic Gold Receipts (EGRs). The company expects to list EGRs within three months after the government resolves a GST issue on gold conversion. EGRs are SEBI-regulated instruments that dematerialize physical gold, enabling trading, pledging and lending through an exchange framework.
Commodities Gold price prediction: Gold and silver outlook for July 15, 2026 amid geopolitical tensions and Fed stance
Gold extended losses for a second consecutive week, declining 1.3%, as geopolitical tensions and rising US real yields weighed on sentiment. Silver trades at $58.50/oz, down 52% from its all-time high, but long-term outlook remains constructive on supply deficit. Focus shifts to US PPI and Fed speeches.
Commodities Gold Surges Over 2% to $4,063 as Weak US Inflation Data Revives Fed Rate Cut Bets
Gold prices rallied more than 2% to $4,063.80 per ounce on Tuesday after US consumer inflation slowed more than expected in June, softening expectations for a Federal Reserve rate hike. However, renewed Middle East tensions and rising oil prices capped further gains. Citi Research maintained platinum and palladium price targets at $1,950 and $1,500 per ounce respectively.
Trade India, China Cut US Treasuries, Boost Gold Reserves in De-Dollarization Push
India and China are reducing exposure to US Treasuries and increasing gold reserves, according to a Business Today report citing Federal Reserve and RBI data. India's Treasury holdings fell 22.5% year-on-year to $181 billion, while gold reserves rose 33.9% to 881 tonnes. China's Treasury holdings dropped 12.44% to $651.1 billion. Central banks globally bought an average 1,000 tonnes of gold annually over the past four years, double the previous decade's average.
Commodities Gold Price Prediction Today: Will Gold Prices Continue to Fall Amid US-Iran Conflict?
Gold prices fell sharply on July 13, 2026, as renewed US-Iran hostilities over the Strait of Hormuz boosted safe-haven demand for the dollar and yields. Spot gold dropped 2.6% to $4013, with a weekly loss of 1.3%. Meanwhile, central banks continued buying, with China adding 15 tons in June. Fed officials signaled possible rate hikes, pressuring gold further.
Commodities Gold price prediction today: Any end to gold fall in sight? Check outlook for July 13, 2026 week
Gold prices trade with a bearish bias as escalating Middle East geopolitical tensions fuel inflation concerns and expectations of further Fed tightening. Technical indicators show gold below key moving averages, with crucial support at Rs 141,300. This week's US CPI, PPI, and Fed Chair Warsh's testimony could determine near-term direction.
Commodities Gold and Silver Prices Drop Over 1% as Middle East Tensions Drive Oil Higher
Spot gold fell 1.2% to $4,072.78 an ounce and US gold futures slipped 0.8% to $4,081.70 amid escalating US-Iran tensions over the Strait of Hormuz, which drove oil prices sharply higher and revived inflation concerns. Analysts expect bullion to remain in a corrective phase unless stronger fundamental triggers emerge, with market attention on geopolitical developments and upcoming Chinese economic data.
Commodities Gold Silver Price Outlook: Middle East Conflict and Inflation Data to Drive Prices This Week
Precious metals are expected to remain under pressure this week as investors weigh the US-Iran conflict and upcoming inflation data from the US, India, and the euro area. MCX gold futures declined 2.65% to Rs 1.43 lakh per 10 grams, while silver tumbled 6.2%. Analysts note that a stronger US dollar and higher crude oil prices are weighing on sentiment.
Commodities Gold Price Prediction: MCX Gold August Futures Show Bullish Bias, Buy on Dips Strategy Advised for July 10, 2026
MCX Gold August futures are trading near Rs 1,45,350 with a positive bias. According to Jateen Trivedi, VP Research Analyst at LKP Securities, the technical structure supports a buy on dips strategy. Key support is at Rs 1,44,000, with targets at Rs 1,46,200 and Rs 1,46,700. The bullish outlook is backed by moving averages, RSI, and MACD indicators.
Commodities Gold, Silver Rate Today: Yellow Metal Steadies but Remains on Track for Weekly Loss as Silver Tumbles
Gold prices in India slipped for the fourth consecutive session on Thursday, with 10 grams falling Rs 350 to Rs 1,48,100, amid a stronger rupee and subdued local demand. International spot gold steadied near $4,122 per ounce but remained on track for a weekly loss of over 1%. Meanwhile, silver prices tumbled Rs 7,800 to Rs 2,32,000 per kg in the domestic market. Market attention remains on US economic data and Federal Reserve policy signals.
Commodities Gold futures rebound nearly 1% to ₹1.44 lakh/10g on value buying despite West Asia tensions
Gold futures on the Multi Commodity Exchange rebounded nearly 1% to ₹1.44 lakh per 10 grams on Thursday, driven by value buying after a three-session decline. Weaker US dollar also supported prices, but gains were capped by renewed US-Iran tensions fuelling inflation concerns and expectations of higher US interest rates.
Commodities Gold traders seek tax safeguards to boost trust in new Gold Monetization Scheme
The Gold and Silver Merchants Association has urged the Indian government to address tax-related concerns under the proposed Gold Monetization Scheme (GMS) 2.0, citing fears of Income Tax scrutiny over inherited gold lacking purchase documents. The association calls for clear legal protection, simple KYC procedures, and direct involvement of jewellers to build public trust and reduce gold imports.
Finance India's US Treasury Holdings Plunge to Near 6-Year Low as RBI Shifts Reserves into Gold
India's holdings of US Treasury securities fell to a near six-year low of $181 billion in April, according to US Federal Reserve data, as the Reserve Bank of India actively diversifies its foreign exchange reserves into gold. Gold reserves rose to 881 metric tonnes, valued at $102.5 billion, reflecting a strategic shift in reserve management amid global geopolitical uncertainty.
Commodities Gold and Silver Prices Decline in Indian Bullion Market: 24 Carat Gold Down 1.7%
According to News on AIR, gold and silver prices declined in the Indian bullion market on June 24, 2026. 24 carat gold was trading 1.7 per cent lower at 144,330 rupees per 10 grams, while silver was 1.2 per cent down at 223,470 rupees per kilogram. The data reflects intraday movements in the domestic bullion market.
Commodities Gold Price Crash Triggers Indian Households to Sell Old Jewellery in Record Numbers
Indian households are rushing to sell old gold jewellery as prices crash from record highs. The India Bullion & Jewellers Association reports a 43% increase in recycled gold volumes in the April-June quarter. Companies like Muthoot Exim and Augmont are expanding their recycling networks to capture the surge.
Commodities Gold Futures Rise to ₹1,47,710 per 10 Grams on Spot Demand; MCX August Contract Gains 1.34%
Gold futures on the Multi Commodity Exchange (MCX) for August delivery surged 1.34% to ₹1,47,710 per 10 grams on Friday, July 3, 2026, driven by fresh speculative buying amid firm spot demand. Globally, gold futures in New York rose 1.19% to $4,171.27 per ounce.
Trade India to Include Jewellers in Revamped Gold Monetisation Scheme to Curb Imports
The Indian government is evaluating a proposal to include jewellers in a revamped Gold Monetisation Scheme (GMS) to unlock nearly 30,000 tonnes of idle household gold. The move, supported by meetings with the RBI and industry, aims to cut dependence on imported gold—imports in May 2026 stood at $12 billion. The revised scheme is expected in August 2026.
Commodities Gold wavers as investors weigh US strikes on Iran, await Fed minutes
Gold prices fluctuated on Wednesday as fresh US military strikes against Iran boosted oil and the dollar, stoking inflation fears. Investors awaited the release of the Federal Reserve's June meeting minutes for direction on interest rates. Spot gold rose 0.5% to $4,125.59 per ounce after earlier hitting its lowest since July 2.
Commodities Spot Gold Hits One-Week Low at $4,100 per Ounce as Strong Dollar and Crude Rally Weigh on Bullion
Spot gold dropped to its lowest in a week at $4,100.32 per ounce, pressured by a stronger US dollar and rising crude oil prices following US strikes on Iran. Domestic gold prices in India fell by Rs 1,400 to Rs 1,49,250 per 10 grams, while silver shed Rs 200. Market participants await key US economic data for direction.
Commodities Gold Prices in India Fall Across All Cities on July 7, 2026: Mumbai, Delhi, Chennai, Kolkata Rates Decline
Gold prices in India declined on July 7, 2026, according to The Hindu Business Line. The price of 22-carat gold fell by ₹125 per gram in Mumbai, Delhi, Ahmedabad, Bengaluru, and Kolkata, while Chennai and Hyderabad saw a steeper drop of ₹160 per gram. 24-carat gold also decreased across all cities, with Chennai and Hyderabad recording the largest fall of ₹168 per gram.
Commodities Gold price prediction today: Limited upside amid US inflation, key levels to watch July 6, 2026 week
Gold prices are expected to see limited upside due to persistently high inflation in the US, according to Manav Modi of Motilal Oswal Financial Services. The metal edged higher last week on a weaker dollar and soft labour data, but remains range-bound. Key technical levels include resistance at 151,800 and support at 144,650 on MCX. The Fed's June meeting minutes and US inflation data will be the main drivers this week.
Gold Holds Near Two-Week High on Weak US Jobs Data; Silver Extends Gains for Fifth Session
Gold traded near a two-week high around $4,174.66 per ounce on Monday after weaker-than-expected US jobs data reduced expectations of an immediate Fed rate hike. Silver extended gains to a fifth consecutive session, reaching $62.47 per ounce. JPMorgan lowered its gold demand outlook, while physical demand softened in India and improved slightly in China.
Commodities Rise in dollar inflows via FCNR(B) deposits may add pressure on gold prices
Domestic gold prices fell 6% in the past month to ₹146,344 per 10g on July 3, driven by global weakness and expectations of substantial dollar inflows through RBI's FCNR(B) deposit scheme. The scheme, which offers higher rates and forex hedging support, has already attracted $7 billion in June, with inflows projected to reach $50 billion by October, strengthening the rupee and adding downside pressure on gold.
Commodities Gold Prices Surge Across Indian Cities on July 3, 2026: Check Latest Rates in Mumbai, Delhi, Chennai, Kolkata
Gold prices in India increased across all major cities on July 3, 2026. The price for 8 grams of 22-carat gold rose by ₹2,360 in most cities, while 24-carat gold saw increases of ₹2,472 to ₹2,520. Mumbai, Delhi, Chennai, Kolkata, Bengaluru, Ahmedabad, and Hyderabad all reported higher rates.
Commodities Gold Price Prediction: MCX August Futures Show Bullish Bias, Analysts Advise Buy on Dips
MCX Gold August futures are showing a bullish bias, with prices recovering strongly and trading above short-term moving averages. Analyst Jateen Trivedi recommends a buy-on-dips strategy, with entry near Rs 1,47,400 and targets up to Rs 1,48,600.
Commodities Gold Heads for First Weekly Rise in Five on Easing Fed Rate-Hike Bets After Weak Jobs Data
Gold rose more than 1% on Friday, heading for its first weekly gain in five weeks, after softer-than-expected US jobs data lowered expectations for Federal Reserve interest rate hikes. Spot gold hit $4,177.31 per ounce, while US futures climbed to $4,190.70. Traders now see a 54% chance of a September rate hike, down from 66% before the data.
Commodities Gold jumps over 1% after weak US jobs data, silver advances on weaker dollar
Gold prices surged more than 1% on Friday after weaker-than-expected US employment data reduced expectations of further Federal Reserve rate hikes. The rally put bullion on track for its first weekly gain in five weeks. Silver, platinum and palladium also advanced, supported by a weaker US dollar and renewed central bank purchases of gold in May.
Commodities Silver price crash: It was being called the 'new gold'. So what went wrong?
Silver prices have crashed more than 50% since their January 2026 peak, with COMEX Silver down 52% from its all-time high. The correction, far steeper than gold's decline, was driven by profit-booking, industrial demand destruction, and safe-haven flows into the US dollar amid the US-Iran war.
Commodities Gold Price Slides to $3,975/oz After Worst Quarterly Drop Since 2013; Bearish Outlook Persists
Gold posted its worst quarterly performance since 2013 in Q2 2026, falling nearly 14% as expectations of higher US interest rates, a stronger dollar, and easing US-Iran tensions eroded safe-haven demand. The metal extended losses into July, slipping below $3,980/oz for the first time since November. Analysts at Anand Rathi see near-term outlook negative amid hawkish Fed commentary and a Death Cross on the charts, though physical demand in India has improved at lower price levels.
Commodities Gold Gains Strategic Importance as Central Banks Hedge Against Geopolitical Risks
A new OMFIF survey reveals that central banks globally are increasing gold holdings as a strategic hedge against geopolitical risks. A net 30% plan to raise allocations in the next two years, with 51% citing geopolitical protection. Meanwhile, spot gold has slipped to $4,008.94 amid expectations of Fed rate hikes.
Commodities Gold futures rise to ₹1.42 lakh/10g after early losses as traders reassess Fed outlook
Gold futures on MCX recovered from early losses to trade higher at ₹1.42 lakh per 10 grams on Tuesday, driven by reassessment of US Federal Reserve interest rate outlook and ongoing geopolitical tensions. International Comex gold also bounced from below $4,000 per ounce. Investors await US jobs data for further direction.
Commodities Gold prices under pressure as rate hike fears and US-Iran tensions boost dollar, oil yields
Gold prices are under pressure with spot gold at $4024 on June 29, down 1.5% amid rate hike fears and a stronger dollar, exacerbated by US-Iran geopolitical tensions that pushed oil and yields higher. ETF holdings hit a nine-month low, while CFTC data shows speculative bullish positioning rose. According to Praveen Singh of Mirae Asset ShareKhan, the near-term outlook remains bearish.
Commodities Gold heads for worst month since 2008 as Fed rate-hike bets outweigh safe-haven demand
Gold prices dropped over 1% on Tuesday, putting bullion on track for its worst monthly performance since October 2008 and its first quarterly decline since 2024. Easing Middle East tensions and expectations of US Federal Reserve rate hikes have overshadowed gold's traditional safe-haven appeal, while a strengthening dollar added pressure. Market focus now shifts to US employment data for policy clues.
Commodities Gold price prediction today: Will gold prices continue to fall? Key levels to watch for the June 29, 2026 week
Gold prices are trading with a bearish near-term bias, with support at Rs 142,800-143,200, according to Manav Modi of Motilal Oswal Financial Services. Renewed geopolitical tensions provide safe-haven demand, but a stronger US dollar and elevated Treasury yields cap gains. This week's US economic data will be critical for direction.
Commodities Gold, Silver Under Pressure as Middle East Tensions and Fed Rate Hike Expectations Weigh
Gold and silver prices traded lower on Monday as renewed US-Iran military strikes raised crude oil prices and reinforced expectations that the US Federal Reserve may continue raising interest rates. MCX gold futures for August delivery fell 0.4% to ₹1,43,545 per 10 grams, while spot gold dropped 0.7% to $4,061.35 per ounce. Analysts at KCM Trade and Motilal Oswal highlight that geopolitical uncertainty and persistent inflation are key drivers.
Commodities Gold and Silver Face Key Test Next Week as US Dollar, Iran Tensions and Jobs Data Take Centre Stage
Gold and silver prices are expected to remain under pressure next week as investors assess US-Iran tensions, crude oil movements, and key global economic data including US non-farm payrolls. On MCX, gold futures fell 2.06% and silver plunged 6.4% this week, while Comex gold declined 3.5%. Analysts cite US dollar strength and lower crude prices as key drivers, with upcoming data likely to influence the Federal Reserve's rate path.
Commodities Gold price crash: 30% plunge from January highs, US-Iran war and Fed hawkishness drive selloff
Gold prices have crashed ~30% from their January 2026 all-time highs, now trading below $4,000. The selloff is driven by the US-Iran war triggering inflation concerns, a hawkish Fed repricing rate hikes, and a strengthening US dollar. ETF outflows and reduced safe-haven demand have added pressure. Experts see near-term support at $3,850 and resistance at $4,630, with recovery dependent on easing rate hike pressures.
Commodities Gold Price Prediction Today: Why Gold May Drop Further; June 24, 2026 Outlook Highlights Bearish Near-Term Bias
Gold prices retreated after a brief rebound from the US-Iran peace agreement, now near $4,090/oz. Hawkish Fed expectations and a stronger dollar drive further downside risk. Near-term support at $4,000, with potential to slide to $3,800 if more rate hikes occur.