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Gold Prices Plunge With Central Bank Selling
Ironman at Political Calculations · 2026-06-24 · via All Articles on Seeking Alpha

Summary

  • Three months ago, we presented a snapshot of how differently gold prices have come to behave since 16 March 2022, when the Fed finally acted to hike U.S. interest rates after allowing the inflation to get out of control.
  • In the years since that date, it had come to rise and fall independently of how the Fed set interest rates.
  • Since mid-May, the price of gold has resumed falling, turning into a steep log flume carnival ride-like plunge in the last several weeks.
Gold trading, gold bars with stock graph chart stock. Business and finance concept

e-crow/iStock via Getty Images

Three months ago, we presented a snapshot of how differently gold prices have come to behave since 16 March 2022, when the Fed finally acted to hike U.S. interest rates after allowing the inflation