Gold prices fell below $4,300 an ounce on Monday as Middle East worries persisted and robust U.S. jobs data led traders to ramp up bets on a Federal Reserve rate hike this year.
Spot gold fell 0.9 percent to $4,290.78 an ounce, holding a decline after tumbling nearly 5 percent last week to its lowest level in more than two months on concerns about inflation and interest rates. U.S. gold futures were down more than 1 percent at $4,319.92.
Subscribe to continue reading the article.
This article is available exclusively to RTT Biotech Investor and Intelligent Investor subscribers. Subscribe with a RTTNews subscription.
Start Free Trial
FREE 7-Day Trial – No Payment Required
Gold Dips Below $4,300 On Rate Hike Concerns
2026-06-08 10:00:04
