Gold Falls $33.35 to $4,014.56 an Ounce, Still Up Over $700 From a Year Ago

1 articles · Updated · Fortune · Jul 1

$4,014.56 an ounce was gold’s spot price at 9 a.m. ET on June 30, down $33.35 from the same hour a day earlier.
That pullback still leaves gold more than $700 above its level a year ago and more than 25% higher since early 2025, reflecting demand tied to inflation and economic uncertainty.
Spot gold tracks immediate over-the-counter trades, and its moves can be volatile; tighter bid-ask spreads generally signal a more liquid market and stronger demand.
Investors can buy bullion, coins, futures or funds, though the report notes ETFs and gold IRAs as common ways to gain exposure without storing physical metal.
Gold is presented as a diversification and inflation-hedge asset, even as long-run stock returns have historically outpaced it in stronger economic periods.