{"id":25361,"date":"2026-07-01T14:27:58","date_gmt":"2026-07-01T10:27:58","guid":{"rendered":"https:\/\/pressreleasenetwork.com\/site\/?p=25361"},"modified":"2026-07-01T14:27:58","modified_gmt":"2026-07-01T10:27:58","slug":"gold-prices-hit-seven-month-low","status":"publish","type":"post","link":"https:\/\/pressreleasenetwork.com\/site\/2026\/07\/01\/gold-prices-hit-seven-month-low\/","title":{"rendered":"Gold Prices Hit Seven-Month Low"},"content":{"rendered":"<p class=\"read\">Gold prices fell on \u200cWednesday after hitting a seven-month low in the previous session, pressured by higher Treasury yields and concerns over inflation and Federal Reserve rate hikes elevated.<\/p>\n<p class=\"read\">Spot \u200bgold was down 0.7 percent at $3,979.41 per ounce, as of 03:00 GMT.<\/p>\n<p class=\"read\">In the \u200bprevious session, bullion slipped to $3,942.99 per ounce, its lowest point since last \u2060November.<\/p>\n<p class=\"read\">US gold futures for August delivery lost 1.1 percent to $3,992.70 on Wednesday.<\/p>\n<p class=\"read\">Bullion recorded its largest \u200bquarterly drop since 2013 on Tuesday, and fell for a fourth consecutive month in June.<\/p>\n<p class=\"read\">The dollar strengthened, making greenback-priced bullion more expensive for holders of other \u200ccurrencies, \u2060while yields on the benchmark 10-year US Treasury note advanced higher.<\/p>\n<p class=\"read\">Spot silver fell 1.4 percent to $57.75 per ounce, platinum lost 0.6 percent to $1,542, having hit its lowest since last November, \u200band palladium inched 0.4 percent lower to $1,199.34.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold prices fell on \u200cWednesday after hitting a seven-month low in the previous session, pressured by higher Treasury yields and concerns over inflation and Federal Reserve rate hikes elevated. Spot \u200bgold was down 0.7 percent at $3,979.41 per ounce, as of 03:00 GMT. In the \u200bprevious session, bullion slipped to $3,942.99 per ounce, its lowest [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":25364,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[2],"tags":[],"class_list":["post-25361","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/posts\/25361","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/comments?post=25361"}],"version-history":[{"count":1,"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/posts\/25361\/revisions"}],"predecessor-version":[{"id":25365,"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/posts\/25361\/revisions\/25365"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/media\/25364"}],"wp:attachment":[{"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/media?parent=25361"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/categories?post=25361"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/tags?post=25361"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}