Gold fell 1.93% to $4,109 per ounce on June 23 as Nvidia-led tech losses and Fed rate hike fears pushed investors to liquidate non-yielding assets.

Gold fell 1.93% to $4,109 per ounce on June 23 as Nvidia-led tech losses and Fed rate hike fears pushed investors to liquidate non-yielding assets.

Gold prices have plunged 24% from their record $5,417 an ounce, marking a 12% drop in the June quarter—the steepest quarterly decline since December 2016.