Key facts
- Gold prices fell over 1% to $4,022 per troy ounce on Thursday.
- This marks the lowest price for gold since late November.
- Gold is on course for its worst quarterly performance in nearly a decade.
Gold prices experienced a significant decline on Thursday morning, falling by more than 1% to reach $4,022 per troy ounce. This marks the lowest price point for the precious metal since late November. The current downward trend positions gold for what could be its worst quarterly performance in nearly a decade, indicating a notable shift in market sentiment or underlying economic factors influencing its value.