Gold prices fell by 0.2% today, reaching approximately <strong>$4670.89 per ounce</strong>. Investors are closely watching major central bank meetings, including the U.S. Federal Reserve, against the backdrop of escalating tensions in the Middle East.
Gold prices have seen a significant increase recently, driven by heightened demand for safe havens. However, dwindling hopes for U.S. interest rate cuts have limited the gains, reflecting economic uncertainty.
Gold prices recorded a sharp decline of over 6% today, hitting their lowest levels in 2026 at $4217.08 per ounce. This drop follows escalating regional tensions and heightened expectations regarding interest rates.