COMMODITY
Gold futures trade sharply lower in early deals of Monday
Jul-13-2026
Gold futures traded sharply lower in early deals of Monday saddled by a rising dollar, aggressive Federal Reserve rate hike expectations, and surging crude oil prices triggered by renewed military strikes between the US and Iran. The yellow metal for the most active contract had fallen about 0.3% for the week.

Gold futures for August delivery tumbled by $49.60 to 1.21% to $4,064.10 an ounce on the Comex division of the New York Mercantile. While, spot gold down by $63.51 or 1.54% to $4,056.42 an ounce.

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