Gold prices have tumbled on Tuesday despite a fall in crude oil prices due to easing of Middle East tensions as economists expect the U.S. Federal Reserve to keep rates higher in the near-term.
Front Month Comex Gold for August month delivery has slumped sharply by $73.90 (or 1.69%) to $4,289.50 per troy ounce.
Front Month Comex Silver for August month delivery has nosedived by $2.438 (or 3.54%) to $66.415 per troy ounce.
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Market Analysis
Gold Slumps Amid Concerns Of Fed Keeping Interest Rates High
2026-06-09 17:45:05
