Gold fell to $4,150 per ounce on Friday, its lowest level since June 11, and was on track for a third consecutive weekly decline as a stronger US dollar and rising expectations for tighter monetary policy weighed on demand. The dollar climbed to a one-year high after the Federal Reserve left interest rates unchanged but signaled a more hawkish outlook. Nine of the Fed’s 19 policymakers now expect at least one rate hike later this year, while markets currently assign a roughly 70% probability of a rate increase by September. Adding to the bearish sentiment, Goldman Sachs lowered its year-end gold price forecast to $4,900 per ounce from $5,400 previously. The decline came despite ongoing geopolitical uncertainty after Switzerland announced that the planned US-Iran talks would not take place on Friday.

Gold fell to 4,136.59 USD/t.oz on June 19, 2026, down 1.74% from the previous day. Over the past month, Gold's price has fallen 8.85%, but it is still 22.78% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Gold reached an all time high of 5608.35 in January of 2026. Gold - data, forecasts, historical chart - was last updated on June 19 of 2026.

Gold fell to 4,136.59 USD/t.oz on June 19, 2026, down 1.74% from the previous day. Over the past month, Gold's price has fallen 8.85%, but it is still 22.78% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Gold is expected to trade at 4239.15 USD/t oz. by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 4596.91 in 12 months time.



Price Day Month Year Date
Gold 4,136.79 -73.21 -1.74% -8.85% 22.79% Jun/19
Silver 64.87 -0.790 -1.20% -14.48% 80.18% Jun/19
Copper 6.33 -0.0480 -0.75% 0.57% 31.09% Jun/19
Steel 3,084.00 -2.00 -0.06% -3.08% 4.37% Jun/18
Lithium 167,250.00 -2250 -1.33% -10.32% 176.67% Jun/18
Platinum 1,668.00 -39.10 -2.29% -14.88% 32.50% Jun/19
Iron Ore 101.14 -0.14 -0.14% -8.33% 6.72% Jun/18



Related Last Previous Unit Reference
United States Gold Reserves 8133.46 8133.46 Tonnes Mar 2026
Russia Gold Reserves 2304.75 2326.52 Tonnes Mar 2026
Italy Gold Reserves 2451.84 2451.87 Tonnes Mar 2026
India Gold Reserves 880.52 880.18 Tonnes Mar 2026
Germany Gold Reserves 3350.25 3350.25 Tonnes Mar 2026
France Gold Reserves 2437.00 2437.00 Tonnes Mar 2026
China Gold Reserves 2313.46 2306.30 Tonnes Mar 2026
United States Inflation Rate 4.20 3.80 percent May 2026
United States Fed Funds Interest Rate 3.75 3.75 percent Jun 2026

Gold
Gold is one of the most widely followed precious metals and is often regarded as a safe-haven asset during periods of economic uncertainty, inflation, and geopolitical risk. It plays a dual role as both an investment and a consumer good, with demand driven by financial markets, jewelry consumption, and industrial use. Gold is primarily traded on the over-the-counter London market, as well as on major exchanges such as the COMEX and the Shanghai Gold Exchange (SGE). Standard futures contracts typically represent 100 troy ounces. Globally, gold demand is led by jewelry consumption, followed by investment demand and a smaller share from industrial applications. On the supply side, China, Australia, the United States, South Africa, Russia, Peru, and Indonesia are among the largest producers. Major consumers of gold jewelry include India, China, the United States, Turkey, Saudi Arabia, Russia, and the United Arab Emirates. Gold prices displayed on Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments and are intended to provide a general market reference only. These prices do not represent official benchmark prices. The data is supplied by a third party and, while efforts are made to ensure its reliability, Trading Economics does not verify the data and makes no representations or warranties.
Actual Previous Highest Lowest Dates Unit Frequency
4136.59 4210.00 5608.35 34.83 1968 - 2026 USD/t oz. Daily

News Stream
Gold Heads for Third Weekly Fall as Hawkish Fed Boosts Dollar
Gold fell to $4,150 per ounce on Friday, its lowest level since June 11, and was on track for a third consecutive weekly decline as a stronger US dollar and rising expectations for tighter monetary policy weighed on demand. The dollar climbed to a one-year high after the Federal Reserve left interest rates unchanged but signaled a more hawkish outlook. Nine of the Fed’s 19 policymakers now expect at least one rate hike later this year, while markets currently assign a roughly 70% probability of a rate increase by September. Adding to the bearish sentiment, Goldman Sachs lowered its year-end gold price forecast to $4,900 per ounce from $5,400 previously. The decline came despite ongoing geopolitical uncertainty after Switzerland announced that the planned US-Iran talks would not take place on Friday.
2026-06-19
Gold is down by 2.01%
Gold decreased 2.01% to 4125.39 USD/t.oz
2026-06-19
Gold Pressured by Fed Rate Hike Signals
Gold dropped below $4,200 an ounce on Friday, wiping out gains from earlier in the week as hawkish signals from the US Federal Reserve outweighed the positive impact of the US-Iran peace agreement, which pushed oil prices lower and eased inflation concerns. On Wednesday, the Fed left interest rates unchanged as widely expected but indicated increasing support for interest rate hikes this year. Higher borrowing costs tend to reduce the appeal of non-yielding assets such as gold by increasing their opportunity cost. Meanwhile, investors welcomed signs of improving shipping conditions through the Strait of Hormuz after the US-Iran interim peace deal came into effect, ending a prolonged conflict that triggered the largest supply disruption on record. Still, traders remained cautious, with expectations that it could take months for shipping activity and energy flows to recover to levels seen before the conflict began in late February.
2026-06-19