Gold prices fall for second week as dollar strength weighs

Weekly decline continues: Gold prices fell for a second week as the dollar strengthened and yields rose, curbing safe-haven demand despite geopolitical risks. ETF inflows stay strong: Global gold ETFs posted $8 billion net inflows in H1 2026, with Asia recording its strongest first-half on record. Geopolitics drive sentiment: US-Iran tensions and Fed policy expectations kept markets volatile, with traders awaiting US inflation data for cues.

Jul 12, 2026 - 17:00
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Gold prices fall for second week as dollar strength weighs
Weekly decline continues: Gold prices fell for a second week as the dollar strengthened and yields rose, curbing safe-haven demand despite geopolitical risks. ETF inflows stay strong: Global gold ETFs posted $8 billion net inflows in H1 2026, with Asia recording its strongest first-half on record. Geopolitics drive sentiment: US-Iran tensions and Fed policy expectations kept markets volatile, with traders awaiting US inflation data for cues.

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