Gold Prices Erase 2026 Gains as Safe-Haven Rally Unravels

TLDR: Gold prices fell to a three-month low, wiping out all gains recorded during the 2026 rally. Strong US jobs data reduced rate-cut expectations, adding pressure on non-yielding assets. Silver followed gold lower, extending losses after a powerful rally earlier in the year. Markets now await June inflation data, which could shape the next move [...]

The post Gold Prices Erase 2026 Gains as Safe-Haven Rally Unravels appeared first on Blockonomi.