USD strength and market bets on a more hawkish Fed to curb inflation have pushed spot gold toward a fourth straight weekly decline, the longest run since Aug 2023. On Friday Asian tech stocks fell again and persistent volatility prompted some investors to liquidate gold holdings to offset losses elsewhere in their portfolios.

2026-06-26

USD strength and market bets on a more hawkish Fed to curb inflation have pushed spot gold toward a fourth straight weekly decline, the longest run since Aug 2023. On Friday Asian tech stocks fell again and persistent volatility prompted some investors to liquidate gold holdings to offset losses elsewhere in their portfolios.