Gold is on its way to record the worst quarter since the beginning of 2021

Gold settled for most of the time Thursday, June 30, but faces its worst quarter since early 2021 as the dollar’s impressive performance deterred investors.

spot gold prices settled at $1817.01 an ounce, and US gold futures prices changed little to $1816.90 an ounce.

It is expected that gold prices will decline for the third month in a row, and have fallen by 6.2% this quarter.

The dollar is hovering near two-decade highs and could post its best quarter in more than 5 years, making dollar-priced gold more expensive for buyers holding other currencies.

Among other precious metals, silver rose in spot transactions 0.4% to $ 20.80 an ounce, while platinum settled at $ 917.18, and palladium increased 0.9% to $ 1979.88.