Gold falls 12.1% in June, heading for biggest monthly drop since October 2008

Gold was down 12.1% for June 2026 as of June 30, its fourth straight monthly loss and the largest monthly fall since October 2008. Spot gold traded near $3,985.57 an ounce that day. Traders blamed rising US rate expectations and a stronger dollar, as easing geopolitical worries shifted focus to inflation.

• June decline: 12.1% (fourth straight monthly loss)
• Spot gold near $3,985.57 on June 30
• Biggest monthly fall since October 2008