Gold heads for worst quarter in more than a decade as retail frenzy fades
Gold is tracking toward its steepest quarterly decline since 2013 as retail demand cools and investors anticipate Federal Reserve rate hikes.
Velocity timeline
How fast coverage is spreading — measured hourly from article rate × source diversity. How this works →
The brief
Gold prices are falling, with the metal on track for a fourth consecutive losing month. According to TradingView, this represents a total wipeout of 25%.
The downturn is coinciding with a fade in retail frenzy and a drop in silver prices of over 1%. Coverage from the Financial Times, Investing.com India, and MSN emphasizes that the decline is driven by jitters regarding Federal Reserve rate hike bets.
Investing.com India notes that this trajectory would mark the largest quarterly drop for gold in more than a decade. Market focus remains on the outcome of Federal Reserve rate decisions and whether the downward trend in XAU/USD continues following these losses.
Synthesized by Newsylist from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated 1h ago.
Quick answers
How significant is the current drop in gold prices?
Gold is heading for its worst quarter in more than a decade, with TradingView reporting a total wipeout of 25% over four straight losing months.
What factors are contributing to the decline?
The decline is attributed to fading retail frenzy and investor bets regarding Federal Reserve rate hikes.
Are other metals affected?
Yes, according to MSN, silver has also fallen by over 1%.
Coverage (7)
- Gold prices today, Monday, June 29: Holding at last week's levels ahead of June jobs report Yahoo Finance · 5h ago
- Gold slips as U.S.-Iran tensions spark inflation, rate hike fears CNBC · 5h ago
- Moneycontrol Pro Panorama Moneycontrol.com · 5h ago
- XAU/USD: Gold on Track for Fourth Straight Losing Month to Total Wipeout of 25% TradingView · 5h ago
- Gold and silver fall over 1% on Fed rate hike bets MSN · 5h ago
- Gold heading for largest quarterly drop since 2013 amid rate hike jitters Investing.com India · 5h ago
- Gold heads for worst quarter in more than a decade as retail frenzy fades Financial Times · 5h ago broke it first
People, places & organizations
Topics
Related trends
Gold’s rebound has a problem. Here’s what happens next
Gold prices face challenges amid strong dollar and Fed hike expectations
Supreme Court rules Trump cannot fire Fed Governor Lisa Cook for now
The Supreme Court has blocked President Trump's attempt to fire Federal Reserve Governor Lisa Cook while simultaneously expanding executive power over regulators.
Iran war developments, Fed rate path cues in focus for Indian rupee and bonds
The Indian rupee is gaining ground against the US dollar amid falling crude oil prices and anticipation of US economic data.
Are AI stocks headed for further turbulence?
Investors are questioning the durability of the AI trade as market signals suggest potential fatigue and risks from rising interest rates.
Dollar hits 13-month high as foreign investors overlook worries about Trump
The U.S. dollar reached a 13-month peak as foreign investors prioritize market gains over political concerns regarding Donald Trump.
Wall St Week Ahead: Jobs data, rate bets in focus as US stocks close solid first half
U.S. stock markets conclude a solid first half of the year as investors pivot toward upcoming employment data and interest rate signals.