Gold prices dropped on Monday, reaching their lowest point in nearly two weeks after US Federal Reserve Chair Kevin Warsh hinted at potential interest rate hikes to combat inflation.
The spot gold price fell 0.8 percent to $4,417.04 per ounce by 0406 GMT, marking its weakest level since August 19th.
US gold futures also declined, dropping 1.4 percent to $4,466.80.
More on Commodities
Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.
Market sentiment intelligence for apps, funds & agents
Location
729 55 Ave SW
Calgary AB T2V 0G4
Canada
© 2026 Guavy Inc
