Gold Falls to Seven-Month Low as Market Pressure Grows
Gold Prices Hit Seven-Month Low Amid Market Pressure
The global gold market continues to decline. As of the morning of June 25, 2026, gold prices reached their lowest level in seven months, falling to levels last seen in November 2025.
The main factors behind the drop include growing concerns over global inflation, expectations of a possible interest rate hike by the U.S. Federal Reserve, and the strengthening of the U.S. dollar.
Gold falls below key psychological levels
During morning trading, the price of gold fell by 0.1%, reaching $3,993 per ounce, dropping below the important $4,000 mark for the first time in months.
Gold prices in Türkiye also continued to decline. The price of one gram of gold dropped to 5,972 Turkish lira, falling below the key 6,000-lira level.
Meanwhile, silver was trading at $57.47.
Since January 2026, when gold reached a record high of $5,594 per ounce, the metal has lost nearly 29% of its value.
Why gold is falling
One of the biggest sources of pressure remains monetary policy in the United States. Analysts estimate there is now more than a 65% probability that the Federal Reserve will raise interest rates in September.
Higher interest rates make income-generating assets more attractive to investors, while gold traditionally does not offer yield, reducing its appeal during tightening cycles.
The strengthening U.S. dollar is adding further pressure. The dollar index is currently trading at its highest level in 13 months.
A stronger dollar makes gold more expensive for buyers using other currencies, weakening global demand and pushing prices lower.
Analysts say future market direction will largely depend on Federal Reserve decisions and upcoming inflation data from major economies.
Despite the current correction, gold remains one of the world’s most important safe-haven assets and continues to play a key role in long-term wealth preservation.
