Gold slips on rate-hike fears, posting a 13-year quarterly rout

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Source: CNBC
Gold slips on rate-hike fears, posting a 13-year quarterly rout
Photo: CNBC
TL;DR Summary

Gold fell into the second half of 2026, marking its worst three-month period since 2013 as inflation fears and potential U.S. rate hikes weigh on non-yielding assets; futures and spot prices declined, silver dropped as well, while analysts from Amundi say gold still serves as a diversification tool amid a volatile macro backdrop and ongoing central-bank diversification away from dollars.

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