Gold Just Hit Its Lowest Level of the Year. What Analysts Are Saying

In brief
Gold falls below $3,900.00 per ounce, its lowest level of 2026 and about 30% below January’s peak
Stronger U.S. growth and persistent inflation revived hopes of a December Fed rate hike, even though the Fed held interest rates steady.
Standard Chartered’s Suki Cooper says gold needs to hold at $3,886, while JPMorgan’s Yuxuan Tang forecasts further declines until interest rates eventually peak
Read the original story Gold Just Hit Its Lowest Level of the Year. What Analysts Are Saying by Luis Blanco on fi.beincrypto.com