11:25 - 8.06.2026

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June 8, Fineko/abc.az. Gold prices continued to decline in Asian trading on Monday, hitting an 11-week low, as strong U.S. employment data reinforced expectations for the Federal Reserve to maintain high interest rates for a longer period, while a rebound in oil prices amid renewed hostilities in the Persian Gulf fueled inflation concerns.

ABC.AZ reports that spot gold was last down 0.4% to $4,312.08 per ounce as of 06:00, reaching its lowest level since 23.03.

US gold futures for August delivery fell 0.7% to $4,337.10 per ounce.