Spot gold extended its pullback this week, marking a third consecutive weekly decline. According to PANews, gold was among the assets facing the most pressure as market sentiment shifted between easing geopolitical risks and a more hawkish turn from the U.S. Federal Reserve.
PANews attributed the continued weakness in spot gold to a stronger U.S. dollar, rising real yields on U.S. Treasury bonds, and hawkish signals from the Fed.
PRECIOUS METALS | Spot Gold Extends Decline for a Third Straight Week Amid Stronger Dollar
2026-06-20 11:53:52
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