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Bloomberg MarketsThe Thing to Watch in Thursday’s Jobs ReportBloomberg MarketsAI Leverage Is More Worrying Than Valuations, IMF’s Adrian SaysBloomberg MarketsCopper Traders Gear Up for Another Round of Tariff TurmoilBloomberg MarketsGerman Inflation Eases as Oil Retreat Tames Prices in EuropeBloomberg MarketsArgentina’s Beef Export Boom to US Leaves Locals Paying More for SteakBloomberg MarketsEurope’s Top Steelmakers Warn Against Weakening Carbon MarketBloomberg MarketsTrump Tariff Defeat Is Market Tailwind ‘No One Is Talking About’Bloomberg MarketsArmani Taps BCG as Fashion Group Adapts to Post-Founder EraBloomberg MarketsUS Premarket Movers for June 30, 2026Bloomberg MarketsStocks Set for Best Quarter Since Pandemic; SCOTUS Expands Trump's Power | Bloomberg Brief 6/30/2026Bloomberg MarketsBOE’s Breeden Warns AI Agents Risk Causing Market MeltdownsFinancial TimesGold heads for worst quarter in more than a decade as retail frenzy fadesBloomberg MarketsMarket Has ‘Resilience Factor,’ Says Oppenheimer’s StoltzfusBloomberg MarketsBlackRock Downgrades Emerging-Market Equities Over AI RisksBloomberg MarketsIran Ratchets Up Talk of Controlling Hormuz Before New Talks | The Opening Trade 6/30/2026Bloomberg MarketsThe Thing to Watch in Thursday’s Jobs ReportBloomberg MarketsAI Leverage Is More Worrying Than Valuations, IMF’s Adrian SaysBloomberg MarketsCopper Traders Gear Up for Another Round of Tariff TurmoilBloomberg MarketsGerman Inflation Eases as Oil Retreat Tames Prices in EuropeBloomberg MarketsArgentina’s Beef Export Boom to US Leaves Locals Paying More for SteakBloomberg MarketsEurope’s Top Steelmakers Warn Against Weakening Carbon MarketBloomberg MarketsTrump Tariff Defeat Is Market Tailwind ‘No One Is Talking About’Bloomberg MarketsArmani Taps BCG as Fashion Group Adapts to Post-Founder EraBloomberg MarketsUS Premarket Movers for June 30, 2026Bloomberg MarketsStocks Set for Best Quarter Since Pandemic; SCOTUS Expands Trump's Power | Bloomberg Brief 6/30/2026Bloomberg MarketsBOE’s Breeden Warns AI Agents Risk Causing Market MeltdownsFinancial TimesGold heads for worst quarter in more than a decade as retail frenzy fadesBloomberg MarketsMarket Has ‘Resilience Factor,’ Says Oppenheimer’s StoltzfusBloomberg MarketsBlackRock Downgrades Emerging-Market Equities Over AI RisksBloomberg MarketsIran Ratchets Up Talk of Controlling Hormuz Before New Talks | The Opening Trade 6/30/2026
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Financial Timesglobal

Gold heads for worst quarter in more than a decade as retail frenzy fades

Financial Times
Tuesday, June 30, 2026 at 11:21 AM
~4 min read
Monetary Policy

Original Report

Expectations of higher interest rates fuelled by Iran war help end bullion’s record rally

Glass House Analysis

Energy prices affect virtually every aspect of daily life—from commuting costs to heating bills to the price of groceries (which must be transported). For working families, energy represents one of the most volatile and impactful line items in their budgets. Energy policy decisions ripple through the economy, affecting everything from manufacturing competitiveness to household financial stress.

The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.

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