Close Menu
Business News MEA
    Facebook X (Twitter) Instagram
    Tuesday, June 30
    Facebook X (Twitter) Instagram LinkedIn VKontakte
    Business News MEABusiness News MEA
    • Home
    • UAE
    • Business
    • Technology
    • Lifestyle
    • Sports
    Business News MEA
    You are at:Home»Business»Gold faces biggest monthly drop since late 2008
    Business

    Gold faces biggest monthly drop since late 2008

    Editorial TeamBy Editorial TeamJune 30, 2026
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    CAPITALS, 30th June, 2026 (WAM) — Gold prices fell more than 1 percent on Tuesday and were set for their biggest monthly decline since October 2008.

    Spot gold declined 1.5 percent to $3,956.92 per ounce by 02:21 GMT, shedding 12.7 percent so far in the month in what ⁠would be its fourth straight monthly fall.

    US gold futures for August delivery lost 1.7 percent to $3,969.30.

    Spot silver fell 2 percent to $57.13 per ounce, platinum lost 1.1 percent to $1,557.21 and palladium slid 0.4 percent to $1,208.17. All three metals were headed for quarterly and monthly losses.

    Source: Emirates News Agency

    Previous ArticleSouth Africa’s World Cup dream ends as coach blames lack of power and speed
    Next Article Sarajevo walking tour reveals 100 years of history, culture and living memory

    Related Posts

    ADFD deploys AED562 million in strategic investments supporting key sectors across emerging markets in 2025

    June 30, 2026

    SEDD releases 2025 Annual Report

    June 29, 2026

    Khalifa Fund launches specialised national programme to support, accelerate cybersecurity startups

    June 29, 2026
    Don't Miss

    Paraguay declares national holiday after shock penalty win over Germany, reach last 16

    UAE leaders congratulate President of Congo on Independence Day

    Sarajevo walking tour reveals 100 years of history, culture and living memory

    Gold faces biggest monthly drop since late 2008

    2026. All rights reserved.
    • Home
    • UAE
    • Business
    • Technology
    • Lifestyle
    • Sports

    Type above and press Enter to search. Press Esc to cancel.