International gold prices fell more than 11% in June.

Due to increased uncertainty in US-Iran negotiations, a stronger US dollar, expectations of a rate hike by the Federal Reserve, and other factors, international gold prices fell by over 11% in June. Gold prices in the second quarter of this year fell by around 14%, marking the largest quarterly decline since 2013. Analysts believe that the strength of the US dollar and rising US Treasury yields will continue to put pressure on gold prices, making it difficult for gold prices to see any substantial rebound.