Staff Answer
Jun 24, 2026 - 06:51 AM
As of 9:30 AM ET today, spot gold dipped 3.07% to $4,002.40 per ounce, dropping $126.60 from yesterday morning’s price of $4,129.00. This places live gold pricing at $128.68 per gram and $128,680.15 per kilogram. The retreat is heavily influenced by the Federal Reserve’s hawkish monetary pivot, which pushed Treasury yields higher and increased the opportunity cost of holding non-yielding bullion. Simultaneously, institutional investors are liquidating gold to raise immediate cash amid a sharp, tech-led stock market sell-off.
