Gold hits over seven-month low

NEW YORK, (UrduPoint / Pakistan Point News / WAM - 25th Jun, 2026) Gold prices fell to a more than seven-month ​low on Wednesday and traded below the key $4,000-per-ounce level, due to pressure from ‌a firmer US Dollar and growing expectations of interest rate hikes.

Spot gold fell 3.3% to $3,973.79 an ounce as of 2:00 p.m. EDT (1800 GMT), after hitting its lowest level since November 2025.