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Inflation worries tank gold, silver markets
Gold and silver prices are posting big losses and hit six-week lows in midday U.S. trading Thursday. The metals are getting hammered as traders worry about the prospects of problematic inflation keeping central banks’ monetary policies tighter. Such a scenario would not only support the U.S. dollar but also likely limit consumer and commercial demand for gold and silver. April gold was last down $319.20 at $4,576.20. May silver prices were down $8.152 at $69.50. Gold futures prices are down over $900 an ounce from the late-January record high. Silver prices are down over $50 an ounce from its record high scored in ... (full story)
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From cnbc.com | Mar 19, 2026
Gold and silver joined a broad sell-off on Thursday, with the metals shedding around 3% and 5%, respectively, as fears about the Iran war and inflation gripped global markets. At 6:26 a.m. ET, spot gold was down 2.8% at $4,682.78 an ounce. Front-month gold futures were down 4% at $4,700.20. Spot silver was 5.3% lower at $71.38 an ounce, while silver futures ...
From finance.yahoo.com | Mar 20, 2026
Gold plummeted as much as 6% on Thursday, with the precious metal acting like anything but a safe-haven asset as the Middle East conflict escalates. Investors went risk-off as the prospects of higher inflation lowered the chances investors are placing on Fed rate cuts. Gold futures (GC=F) fell to around $4,600 per ounce, while the broader metals complex was ...
From finance.yahoo.com | Mar 19, 2026
Gold headed for the biggest weekly loss in six years, as war in the Middle East boosted energy and reduced expectations for rate cuts. Bullion traded near $4,685 an ounce, down almost 7% this week, the most since March 2020. Soaring crude, natural gas and fuel prices triggered by the conflict are raising inflation concerns, reducing prospects of central ...
