{"id":128892,"date":"2026-06-25T11:07:34","date_gmt":"2026-06-25T07:07:34","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=128892"},"modified":"2026-06-25T11:07:38","modified_gmt":"2026-06-25T07:07:38","slug":"gold-breaks-below-4000-for-first-time-since-november-down-30-from-january-record-as-fed-tightening-bets-crush-bullion","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gold-breaks-below-4000-for-first-time-since-november-down-30-from-january-record-as-fed-tightening-bets-crush-bullion\/06\/25\/market-updates\/","title":{"rendered":"Gold Breaks Below $4,000 for First Time Since November: Down 30% From January Record as Fed Tightening Bets Crush Bullion"},"content":{"rendered":"\n<h1 class=\"wp-block-heading\"><\/h1>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Key Takeaways<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Gold breaches $4,000:<\/strong> Spot gold slipped 0.5% to $3,978.60 per ounce \u2014 hovering at its lowest in more than seven months after breaking below the key psychological level Wednesday for the first time since November 2025.<\/li>\n\n\n\n<li><strong>Gold futures near $4,000:<\/strong> U.S. gold futures edged 0.4% lower to $3,993.80.<\/li>\n\n\n\n<li><strong>30% crash from January peak:<\/strong> Bullion has lost nearly a third of its value from the all-time record high of $5,595.46 reached in January.<\/li>\n\n\n\n<li><strong>Dollar at 13-month high for sixth straight session:<\/strong> The greenback&#8217;s relentless rally is making gold increasingly expensive for overseas buyers.<\/li>\n\n\n\n<li><strong>July hike at 33% probability:<\/strong> Markets price a one-in-three chance of a Fed move as soon as next month.<\/li>\n\n\n\n<li><strong>September hike at 66%:<\/strong> Two-thirds probability of tightening by September, per CME FedWatch.<\/li>\n\n\n\n<li><strong>ING&#8217;s assessment:<\/strong> &#8220;Gold&#8217;s weakness highlights the extent to which markets have shifted their focus from safe-haven demand towards the implications of higher interest rates and tighter financial conditions.&#8221;<\/li>\n\n\n\n<li><strong>Iran peace progress removes safe-haven bid:<\/strong> Easing geopolitical concerns and lower oil prices have eroded the risk premium that supported gold earlier this year.<\/li>\n\n\n\n<li><strong>PCE data the key watch:<\/strong> The Fed&#8217;s preferred inflation gauge is due Thursday and will shape near-term rate hike expectations.<\/li>\n\n\n\n<li><strong>Silver extends crash:<\/strong> Spot silver fell 0.6% to $57.10 \u2014 after plunging more than 6% Wednesday; ING warns &#8220;the strongest demand drivers are becoming less supportive.&#8221;<\/li>\n\n\n\n<li><strong>Platinum slips further:<\/strong> Fell 1.6% to $1,559.60 after sliding 4.5% Wednesday.<\/li>\n\n\n\n<li><strong>Copper edges up:<\/strong> LME copper gained 0.6% to $13,112.95 per ton; U.S. copper futures were flat at $5.97 per pound.<\/li>\n<\/ul>\n\n\n\n<p>Gold prices extended losses on Thursday, hovering near their lowest levels in more than seven months, as a resurgent U.S. dollar and growing expectations of further Federal Reserve tightening eroded demand for the non-yielding metal.<\/p>\n\n\n\n<p>Spot gold slipped 0.5% to $3,978.60 an ounce by 02:25 ET (06:25 GMT), while U.S. gold futures edged 0.4% lower to $3,993.80.<\/p>\n\n\n\n<p>Gold tumbled below the key $4,000-per-ounce mark on Wednesday for the first time since November 2025.<\/p>\n\n\n\n<p>The precious metal has now lost nearly 30% from its January record high of $5,595.46 an ounce.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Dollar&#8217;s Six-Day Rally and Rate Hike Bets the Twin Drivers<\/h2>\n\n\n\n<p>The decline came as the dollar remained pinned at a 13-month high after six straight sessions of gains, supported by increasing bets that the Fed may raise interest rates later this year.<\/p>\n\n\n\n<p>Markets are pricing in a roughly one-third chance of a July rate hike and a 66% probability of tightening by September, according to CME FedWatch.<\/p>\n\n\n\n<p>A stronger greenback makes dollar-denominated gold more expensive for overseas buyers, while higher interest rates raise the opportunity cost of holding bullion, which does not offer yields.<\/p>\n\n\n\n<p>&#8220;Gold&#8217;s weakness highlights the extent to which markets have shifted their focus from safe-haven demand towards the implications of higher interest rates and tighter financial conditions,&#8221; ING analysts said in a recent note.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Iran Peace Progress Removes Safe-Haven Premium<\/h2>\n\n\n\n<p>The latest slide also reflects a broader reassessment of safe-haven demand. Easing geopolitical concerns following progress in U.S.-Iran peace efforts and lower oil prices have reduced some of the risk premium that supported gold earlier this year.<\/p>\n\n\n\n<p>Traders await U.S. Personal Consumption Expenditures data \u2014 the Fed&#8217;s preferred inflation gauge \u2014 for further clues on the policy outlook.<\/p>\n\n\n\n<p>Among other precious metals, silver prices fell 0.6% to $57.10 per ounce after dropping more than 6% in the previous session.<\/p>\n\n\n\n<p>&#8220;While the silver market is expected to remain in deficit, some of the strongest demand drivers are becoming less supportive,&#8221; ING analysts added.<\/p>\n\n\n\n<p>Platinum prices slipped 1.6% to $1,559.60 per ounce, after sliding 4.5% on Wednesday.<\/p>\n\n\n\n<p>Benchmark copper futures on the London Metal Exchange edged up 0.6% to $13,112.95 a ton, while U.S. copper futures traded flat at $5.97 a pound.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Gold breaches $4,000: Spot gold slipped 0.5% to $3,978.60 per ounce \u2014 hovering at its lowest in more than seven months after breaking below the key psychological level Wednesday for the first time since November 2025. Gold futures near $4,000: U.S. gold futures edged 0.4% lower to $3,993.80. 30% crash from January peak: &hellip;<\/p>\n","protected":false},"author":9,"featured_media":128768,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[38,6827,49,37,36],"tags":[],"class_list":["post-128892","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-daily-economic-reports","category-economic-reports","category-forex-markets","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/128892","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=128892"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/128892\/revisions"}],"predecessor-version":[{"id":128893,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/128892\/revisions\/128893"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/128768"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=128892"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=128892"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=128892"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}