Gold continues decline amid US rate hike expectations

Gold continues decline amid US rate hike expectations

Gold continues decline amid US rate hike expectations - Agencies

Gold continues decline amid US rate hike expectations - Agencies

2026/07/24 12:27

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Gold extended its decline on Friday, falling 0.4% in spot trading to $4030.09 per ounce, down more than $130 from its two-week high recorded on Wednesday.

US gold futures for August delivery dropped 0.4% to $4033.20.

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As for other precious metals, spot silver fell 0.7% to $57.29 per ounce, platinum declined 1.3% to $1579.49, and palladium dropped 1.5% to $1237.50.

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