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Gold price drops 18 percent from 2024 peak

By İlayda Peker | 2026-06-06 23:43:49 | 3 months ago

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🟡 Gold plunges 18 percent from its January 2024 high.

💼 A robust US jobs report dims hopes of Fed rate cuts and pressures safe-haven demand in $XAU.

📉 Buyers in China, India, and Pakistan are pulling back as markets now await US inflation data for the next move.

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keywords : GOLD

sentiment : NEGATIVE

category data : ASIA | FIAT | MARKET | TRADING | MACROECONOMICS