Gold Prices Drop Over 11% Since June 1, Down Slightly on Friday
As of Friday, June 26, gold prices have fallen over 11% since the start of June and are down slightly from Thursday's opening. The price opened at $4,044.40 per troy ounce for August futures but rose to $4,066 later in the morning. A weaker-than-expected monthly inflation reading may support a potential pause in Federal Reserve rate hikes.
Topics: futures trading gold inflation