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Gold prices drop after worst quarter in 13 years amid inflation and rate hike fears.

Market News
01 Jul 2026
CNBC
View Source
Bearish
pluang ai news

Gold prices fell further on Wednesday following their worst quarter in 13 years, dropping over 16% in the three months ending June 30. The decline comes after gold hit a record high in January but fell as investors grew concerned about rising inflation and potential Federal Reserve rate hikes. Despite the drop, analysts from Amundi emphasize gold's continued importance in portfolios due to inflation volatility, high public debt, and central banks diversifying away from dollar assets. The World Gold Council also notes that many central banks plan to increase gold reserves, supporting demand in the second half of 2026.

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Abeona Therapeutics grants restricted stock to new employees as hiring incentive under Nasdaq rules.

Abeona Therapeutics grants restricted stock to new employees as hiring incentive under Nasdaq rules.

Abeona Therapeutics announced it granted restricted stock awards to five new non-executive employees as an inducement to join the company, totaling up to 9,000 shares. These shares will vest over three years, contingent on continued employment. This ...

Company Fundamentals
Neutral
50 minutes ago
Global pyrometer market to double to $1.15B by 2035, driven by industrial automation and semiconductor growth

Global pyrometer market to double to $1.15B by 2035, driven by industrial automation and semiconductor growth

The global pyrometer market, valued at $544.55 million in 2025, is projected to reach $1.15 billion by 2035, growing at a CAGR of 7.57%. This growth is fueled by rising industrial automation and expansion in semiconductor manufacturing, which increas...

Market News
Bullish
50 minutes ago
Deadlines set for lead plaintiff appointments in class action lawsuits against BitGo, ADMA Biologics, and Erasca.

Deadlines set for lead plaintiff appointments in class action lawsuits against BitGo, ADMA Biologics, and Erasca.

Holzer & Holzer, LLC announced deadlines for investors to seek lead plaintiff status in shareholder class action lawsuits against BitGo Holdings, ADMA Biologics, and Erasca. The lawsuits allege these companies made false or misleading statements affe...

Market News
Bearish
1 hour ago
Step Pharma appoints Neil Gallagher as Non-Executive Director to boost cancer drug development.

Step Pharma appoints Neil Gallagher as Non-Executive Director to boost cancer drug development.

Step Pharma has appointed Neil J. Gallagher, MD, PhD, as a Non-Executive Director to strengthen its board as it advances dencatistat, a first-in-class CTPS1 inhibitor targeting essential thrombocythaemia, lymphoma, and solid tumours. Gallagher brings...

Company Fundamentals
Bullish
1 hour ago
Ocular Therapeutix to present new retinal disease data at July 2026 scientific and investor conferences

Ocular Therapeutix to present new retinal disease data at July 2026 scientific and investor conferences

Ocular Therapeutix announced its participation in multiple scientific and investor conferences in July 2026, including presentations on its investigational retinal drug AXPAXLI and real-world data on anti-VEGF treatments. Key events include the OIS R...

Others
Neutral
1 hour ago
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