Gold and silver futures finish 2Q in retreat. Front-month gold losing 13.4% to $4,022.90 a troy ounce in the quarter, the worst since 2Q 2013, with most of the losses coming in June. Silver drops 20.4% to $59.477 a troy ounce in the quarter, its worst since 1Q 2020, and the largest monthly drop since September 2011. Precious metals have been pressured by a stronger dollar and indications of rising interest rates in coming months, says Tony Sage of Critical Metals in a note. (kirk.maltais@wsj.com)
Dow Jones Newswires
Precious Metals Close Out Tough Quarter — Market Talk
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Gold and silver futures finish 2Q in retreat. Front-month gold losing 13.4% to $4,022.90 a troy ounce in the quarter, the worst since 2Q 2013, with most of the losses coming in June. Silver drops 20.4% to $59.477 a troy ounce in the quarter, its worst since 1Q 2020, and the largest monthly drop sin…