Gold fell below $4,100 per ounce on June 24, hitting its lowest level since November 2025 and extending a decline that has now erased 27% from the all-time high of $5,589 reached in January. The gold price drop accelerated after the Federal Reserve held interest rates steady at its June 17 meeting but signaled increasing support for future rate hikes, with nine of 18 officials now projecting at least one increase before year-end.

The selloff has drawn attention from investors across asset classes, particularly after Robert Kiyosaki, the author of Rich Dad Poor Dad, described the decline as “great news” and said he is preparing to buy once technical charts confirm a reversal.

Why Gold Is Falling in June 2026

The current gold price drop…