Gold prices have slumped on Monday, partially offsetting two sessions of gains as threats to progress in U.S.-Iran peace talks following mutual weekend attacks rekindled concerns of oil-linked inflation and increased expectations of a U.S. Federal Reserve rate hike.
Front Month Comex Gold for August month delivery has tumbled by $56.50 (or 1.38%) to $4,039.80 per troy ounce.
Front Month Comex Silver for August month delivery has also slumped by $1.049 (or 1.76%) to $58.415 per troy ounce.
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Market Analysis
Gold Tumbles As Weekend U.S.-Iran Attacks Despite Recent MoU Renew Rate Hike Concerns
2026-06-29 17:49:06
