Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    The Gulf WeeklyThe Gulf Weekly
    • Home
    • UAE
    • KSA
    • GCC
    • Technology
    • Lifestyle
    • Sports
    The Gulf WeeklyThe Gulf Weekly
    Home»UAE»Gold faces biggest monthly drop since late 2008

    Gold faces biggest monthly drop since late 2008

    Editorial TeamBy Editorial TeamJune 30, 2026
    Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram 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

    Related Posts

    Mashreq posts AED4.048 billion net profit in H1 2026

    July 30, 2026

    DFM net profit before tax amounts to AED443.2 million as trading activity increases 40.4% in H1 2026

    July 30, 2026

    e& posts 11.6% revenue growth to AED38.1 billion in H1 2026

    July 30, 2026
    Don't Miss

    At least four killed, dozens injured in Israeli attacks across Gaza

    KSA July 30, 2026

    JERUSALEM — At least four people have been killed and dozens injured in Israeli attacks…

    Mashreq posts AED4.048 billion net profit in H1 2026

    July 30, 2026

    Our Picks

    At least four killed, dozens injured in Israeli attacks across Gaza

    July 30, 2026

    2026. All rights reserved.
    • UAE
    • KSA
    • GCC
    • Technology
    • Lifestyle
    • Sports
    • Contact us

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