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macroJun 30, 2026, 7:48 AM

Gold Falls Below $4,000, Hits 8-Month Low on Fed, Geopolitics

Gold prices dropped below $4,000 per troy ounce on Tuesday, reaching an eight-month low amid expectations of further Fed tightening and Middle East uncertainty.

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Gold prices declined on Tuesday, falling below the $4,000 mark to their lowest level in nearly eight months. The precious metal remains under pressure from expectations of continued Federal Reserve tightening and ongoing geopolitical uncertainty in the Middle East.

Source: FXStreet Forex News