US dollar index was little changed at 101.38 points, remaining near its highest level in more than a year.
Gold prices fell on Friday, June 26, and were on track to post a weekly loss as markets increased expectations that the Federal Reserve will accelerate the pace of interest rate hikes to contain inflationary pressures. 
Meanwhile, the US dollar index, which measures the greenback against a basket of six major currencies, was little changed at 101.38 points, remaining near its highest level in more than a year and on track for a second consecutive weekly gain.
According to the CME FedWatch Tool, markets are currently pricing in three Federal Reserve rate hikes this year, with a 64% probability of an increase at the September meeting, according to Reuters.
Precious Metals Prices
Metal
Price ($/oz)
Change ($)
Change (%)
Gold (August Futures)
4028.20
(19.40)
(0.50%)
Gold (Spot)
4016.91
(9.82)
(0.25%)
Silver (July Futures)
56.65
(1.72)
(2.95%)
Silver (Spot)
56.76
(1.10)
(1.90%)
Platinum (Spot)
1582.82
(18.09)
(1.15%)
Palladium (Spot)
1186.27
(2.48)
(0.20%)
Official data released on Thursday showed US inflation exceeded 4% for the first time in three years, while economic growth accelerated in Q1 2026, reinforcing concerns that monetary policy tightening could continue.
US dollar index was little changed at 101.38 points, remaining near its highest level in more than a year.
Gold prices fell on Friday, June 26, and were on track to post a weekly loss as markets increased expectations that the Federal Reserve will accelerate the pace of interest rate hikes to contain inflationary pressures.
Meanwhile, the US dollar index, which measures the greenback against a basket of six major currencies, was little changed at 101.38 points, remaining near its highest level in more than a year and on track for a second consecutive weekly gain.
According to the CME FedWatch Tool, markets are currently pricing in three Federal Reserve rate hikes this year, with a 64% probability of an increase at the September meeting, according to Reuters.
Precious Metals Prices
Metal
Price ($/oz)
Change ($)
Change (%)
Gold (August Futures)
4028.20
(19.40)
(0.50%)
Gold (Spot)
4016.91
(9.82)
(0.25%)
Silver (July Futures)
56.65
(1.72)
(2.95%)
Silver (Spot)
56.76
(1.10)
(1.90%)
Platinum (Spot)
1582.82
(18.09)
(1.15%)
Palladium (Spot)
1186.27
(2.48)
(0.20%)
Official data released on Thursday showed US inflation exceeded 4% for the first time in three years, while economic growth accelerated in Q1 2026, reinforcing concerns that monetary policy tightening could continue.
