Gold prices traded lower on Wednesday as investors weighed U.S.-Iran tensions and awaited key U.S. economic data for additional clues on the outlook for U.S. monetary policy.
Spot gold dipped 0.7 percent to $3,981 an ounce, after having fallen 12 percent in June, its largest monthly drop since 2008 and fourth straight monthly loss on rising interest-rate expectations and a stronger dollar. U.S. gold futures were down more than 1 percent at $3,995.85.
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 Edges Lower On Fed Rate Hike Bets, US-Iran Tensions
2026-07-01 10:00:43
