Spot gold and silver prices increased in late U.S. trading due to technical buying and defensive demand amid geopolitical tensions around the Strait of Hormuz. Gold traded near $4,136.60 an ounce, up 1.47%, and silver near $59.72, up 1.80%. Despite higher crude oil prices and rising Treasury yields, metals held gains as investors sought safe havens. Market focus remains on upcoming U.S. economic data, Federal Reserve policy decisions, and potential disruptions in key shipping lanes affecting global trade and inflation risks.
Gold has surged past $5,590 an ounce, gaining about 170% since late 2023, driven by rate-cut expectations, central bank buying, and banking sector stress. However, silver has outperformed gold with a 405% return over the same period, fueled by strong...
Gold prices in 2026 have been highly volatile, dropping from a record above $5,300 early in the year but recently posting their best week since January. The rally was driven by softer inflation data and reduced expectations of Federal Reserve rate hi...
Gold prices surged about 7% last week, marking their best weekly gain since January. This rise was driven by a weaker US dollar, falling Treasury yields, and softer-than-expected US employment data, which eased concerns over aggressive Federal Reserv...
