Gold rate falls on MCX on a stronger dollar amid rising expectations of US Fed rate hikes; what should investors do? (opens original article in a new tab)

Gold prices fell on MCX as the dollar strengthened and expectations of US Fed rate hikes increased.

• Gold rate on MCX declined on 25 June due to a stronger dollar
• US Fed rate hike expectations increased, pressuring gold prices
• Dollar index remained above 101, making gold expensive for overseas buyers