Why has the Gold price fallen?
The annual inflation rate for the United States has been 5.0% for the past 12 months; this ended May 2021 after rising 4.2% previously.
When inflation increases, investors move to a secure investment like Gold, classified as a “safe-haven”. They do this to avoid uncertainty. An increase in Gold investment triggered price rising from march 2021 and reached $1900 per ounce considering high inflation and fed policy uncertainty.