Gold officially entered a bear market on June 9, dropping over 20% from its January all-time high near $5,600 amid rising yields and a strong US dollar.

Gold falls into bear market territory, while a stronger U.S. dollar and rising rate expectations pressure risk assets.

Gold officially entered a bear market on June 9, dropping over 20% from its January all-time high near $5,600 amid rising yields and a strong US dollar.