Gold Price: Fluctuations have always been seen in the prices of gold. But for some time now only a decline was being seen in its prices. Due to recent tensions in the Middle East, the situation appeared to be becoming quite uncertain. But no one had imagined that such a fall could be seen in the prices of gold. This is being seen for the first time in almost 18 years when the prices of gold have fallen so much.
fall in gold prices
In fact, there was a significant decline in gold prices on Tuesday. On the last day of June i.e. on June 30, 2026, the price of gold appeared to be lower by about 12%. The biggest reason for this decline is said to be the increased tension in the Middle East and the possibility of interest rates increasing in America. Investors fear that the US Central Bank (Federal Reserve) may increase interest rates several times this year to control inflation.
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What is the recorded price?
According to Reuters report, the price of spot gold fell 0.8% on Tuesday to $ 3,985.57 an ounce (about Rs 3.77 lakh in Indian rupees). So far in the month of June, the price of gold has fallen by about 12%, due to which it is moving towards decline for the fourth consecutive month. At the same time, American gold futures for August delivery also fell by 1% to $ 3,999.20 per ounce (about Rs 3 lakh 78 thousand in Indian rupees).
Changes in silver prices also
Along with gold, there has also been a decline in the prices of silver. The price of silver fell by 1.3% to $ 57.53 per ounce (about 5 thousand 4 hundred rupees in Indian Rupee). At the same time, platinum fell by 0.7% to $ 1,563.25 per ounce (about Rs 1 lakh 48 thousand in Indian rupees).
Decline seen for the first time in 18 years
Earlier, such a huge fall in gold prices was seen in October 2008. The fall of June 2026 has been recorded in the route of the first such big monthly fall after almost 18 years. However, no one had even thought about this fall in such a stressful situation.
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