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Gold prices fall for second week in row ahead of US Fed meeting
Finance
- 12 June, 2026
- 10:56
Gold prices have fallen for the second week in a row amid persistent inflation concerns and growing expectations of a Federal Reserve interest rate hike, while investors are monitoring news of a possible ceasefire agreement between the US and Iran, Report informs referring to trading data.
Spot gold fell 0.6% to $4,186.99 per ounce, representing a weekly decline of over 3%.
US gold futures for December delivery rose 2.2% to $4,206.80 per troy ounce.
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