Gold Market News & Trading
Why Gold Dropped $87 to $4,101 Today
Jun 24, 2026
On June 24, 2026, gold dropped $87 to trade at $4,101 per ounce, a two point one percent daily slide. This came as a US-Iran peace deal reduced safe-haven demand, the Fed shifted hawkish with nine of eighteen officials expecting rate hikes in 2026, and the dollar hit a one-year high. Inflation remains around four point two percent year-over-year, but markets are focused on rising rates, weighing on gold. Join our free Telegram channel for daily updates at
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