Gold Suffered In June, With Likelihood It Will Continue To Struggle – Investing.com

gold likelihood struggle investing
Middle East
  • Date: 01-Jul-2021
  • Source: Investing.com
  • Sector: Oil & Gas
  • Country: Middle East
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Gold Suffered In June, With Likelihood It Will Continue To Struggle – Investing.com

June was a terrible month for . Without a fresh crisis or a strong dovish signal from the Fed, gold may continue its disappointing performance.

As the chart below shows, the yellow metal plunged more 7.2% in the last month, the biggest monthly decline since November 2016. As a result of the June rout, the whole first half of this year was awful for gold, which lost 6.6% in that period, the worst performance since H1 2013.

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