0654 GMT - Gold prices are on track for a monthly loss of 12% despite persistent geopolitical uncertainties, as traders expect the Federal Reserve to hike interest rates this year. According to the CME FedWatch tool, traders expect three Federal Reserve rate hikes this year and are currently pricing in more than a 60% chance of a September increase. "Gold is likely to remain under pressure in the near term as easing energy prices, a resilient US dollar, and higher for longer interest rate expectations continue to reduce demand for non-yielding safe haven assets," analysts at MUFG say. In early European trading, New York gold futures rise 0.1% to $4,044.30 a troy ounce. (giulia.petroni@wsj.com)

Gold prices decline as US-Iran tensions escalate oil markets and Fed rate-hike expectations weigh heavily on investors.

Gold prices tumbled over 1% on Tuesday, heading for a fourth consecutive monthly drop. Shifting from Middle East concerns, the market now anticipates U.S. interest rate hikes to…

Gold experiences its largest monthly drop since 2008, driven by hawkish Fed policies and rising inflation fears.

Gold prices fell more than 1% on Tuesday and were headed for their steepest monthly decline since October 2008, as easing concerns over the Middle East conflict gave way to…

Gold prices are experiencing a significant monthly drop, nearing their largest decline since 2008. This downturn is driven by expectations of Federal Reserve interest rate hikes…

Gold faces its largest quarterly decline since 2013 amid hawkish Fed signals and rising inflation concerns.

Bullion slides as persistent inflation fuels expectations of higher US borrowing costs

0654 GMT - Gold prices are on track for a monthly loss of 12% despite persistent geopolitical uncertainties, as traders expect the Federal Reserve to hike interest rates this…

0739 GMT - Gold prices slip back below $4,000 a troy ounce ahead of Fed Chairman Kevin Warsh's speech at the European Central Bank Forum in Portugal. "The market has yet to…