27 June 2025 | Gold

Gold prices fell for second consecutive week — Reuters

Gold prices fell for second consecutive week — Reuters

On Friday, gold prices recorded their second weekly decline due to a stronger US dollar and easing of geopolitical tensions between Iran and Israel. According to the director of GoldSilver Central, metal prices are currently showing a downward trend and will likely maintain this trajectory following a potential peace agreement in the Middle East.

Today, gold prices fell to $3,291 per ounce. Over the current week, bullion prices have dropped by 1.7%. Meanwhile, the US dollar has strengthened by 0.2%, making the metal more expensive for foreign buyers, Reuters reported.

Marex analyst Edward Meir believes gold is gradually losing favor among investors, with market participants shifting to other precious assets such as silver or platinum.

Anton Volkov MarketCheese
Period: 20.03.2026 Expectation: 1200 pips
Selling silver with $72 in sight
06 March 2026 32
Period: 31.05.2026 Expectation: 500 pips
EURUSD selloff targets 1.11000
06 March 2026 24
Period: 13.03.2026 Expectation: 1560 pips
GBPUSD eyes key resistance before resuming downtrend
06 March 2026 25
Period: 30.06.2026 Expectation: 14400 pips
Selling silver amid declining production in US and Europe
06 March 2026 20
Brent sell
Period: 13.03.2026 Expectation: 700 pips
Brent's run loses steam as Russian crude reenters market
06 March 2026 41
Period: 12.03.2026 Expectation: 22900 pips
Investing in ETHUSD on pullback before flat trend ends
05 March 2026 47
Go to forecasts