3 minutes agoGold prices drop below $4,000 for the first time since November 2025
Periskopi(an hour ago)
(an hour ago)Gold prices fell below 4,000 dollars per ons Wednesday for the first time since November 2025, expanding losses, while expectations of a tighter US monetary policy and easing geopolitical risks dropped the requirement for safe asset.
Precious metal fell by 3.3% on a daily basis, falling towards the lowest seven-month level of around $3,974.60 per ounce, reports Anadolu.
Sale pressure increased after Federal Reserve officials left interest rates unchanged at their latest policy meeting, but signalled increased support for future interest rates.
The new head of the Federal Reserve, Kevin Wars, also reaffirmed the bank's commitment to restoring price stability, strengthening expectations that monetary policy could remain restrictive for longer.
Waiting for higher interest rates is usually heavy on gold, which does not offer interest revenues.
