The gold price fell below the psychologically important
$1,500 an ounce barrier June 27.
Analysts said the fall was due to the increasing strength of
the U.S. dollar.
At press time, the metal was trading at $1,494 an ounce.
Gold first
crossed the $1,500 an ounce barrier on April 20, eventually reaching $1,570.
- Subscribe to the JCK News Daily
- Subscribe to the JCK Special Report
- Follow JCK on Instagram: @jckmagazine
- Follow JCK on X: @jckmagazine
- Follow JCK on Facebook: @jckmagazine