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Economics2h 45m ago

Expectations for U.S. monetary tightening and a strong dollar have taken some wind out of the upswing in gold since 2023, leaving prices in vulnerable territory around $4,000 per ounce.

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LONDON

Who
Aakash Doshi, Adrian Ash, Suki Cooper, Nicky Shiels
What
Expectations for U.S. monetary tightening and a strong dollar have taken some wind out of the upswing in gold since 2023, leaving prices in vulnerable territory around $4,000 per ounce.
When
Fri, 12 Jun 2026 15:26:02 GMT · 2h 45m ago
Where
LONDON ·
Why
The reversal in gold's record-breaking rally is attributed to expectations for U.S. monetary tightening and a stronger dollar, curbing its safe-haven appeal.
The Frontline Impact

How this affects you

Gold prices, having reached a record high of $5,595 in January, have fallen by 25% and hit their lowest level since November at $4,022 on Thursday, impacting investors and potentially shifting global market dynamics for precious metals.

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3 events in this thread
  1. Currently Reading2h 45m ago
    Expectations for U.S. monetary tightening and a strong dollar have taken some wind out of the upswing in gold since 2023, leaving prices in vulnerable territory around $4,000 per ounce.
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