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2026-07-07T08:32:00.000Z

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Gold falls below $4,126 an ounce amid geopolitical uncertainty

Gold falls below $4,126 an ounce amid geopolitical uncertainty

Gold prices declined to less than $4,126 per ounce after reaching a record high of $4,202 the previous day, amidst a state of anticipation and wait due to geopolitical and financial uncertainties. This decline is attributed to price corrections driven by concerns over political and security crises in the Middle East, as well as the impact of U.S. monetary policy and decreased expectations of interest rate hikes. The credibility of the Federal Reserve meeting minutes is now awaited for clues regarding the future of interest rates.

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