-
Gold and Silver Press Lower as FOMC Countdown Begins
Gold and silver extended their recent slide Thursday, with both metals trading right around some major moving averages both are currently beneath their 50 and 100-day simple moving averages a technically bearish configuration that has been in place since mid-April. Gold closed on the day at $4,692, while silver fell harder, shedding 3% to $75.39 a sharp reversal from the $84 range it held just ten days ago. The selloff has stripped gold of roughly $550 from its early-year peak near $5,238 and pulled silver nearly $15 off its recent high of just above $90. The macro backdrop is supplying those headwinds. According to ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From zerohedge.com|Apr 23, 2026Analysts at Mercuria, the Geneva-based Swiss commodities trading firm, are sounding the alarm on the global aluminum market after severe disruptions in the Gulf region, adding to ...
From finance.yahoo.com|Apr 23, 2026|2 commentsPresident Donald Trump said Israel and Lebanon will extend their ceasefire by three weeks, a move that creates space to work on a long-term deal and removes a roadblock to ending ...
From miningweekly.com|Apr 23, 2026The global refined copper market is expected to shift to a surplus of 96 000 metric tons in 2026, reversing a previously forecast deficit of 150 000 tons, due to slower demand ...
-
- Newer Stories
From thehindubusinessline.com|Apr 23, 2026China and India have primarily ensured that net investments in physically-backed gold exchange-traded funds (ETFs) are positive, though 68 per cent of investors have exited as of ...
From goldinvest.de|Apr 23, 2026While the crypto market has entered a significantly cooler phase after a strong run, one segment continues its upward trend with remarkable resilience: tokenized gold. According ...
From think.ing.com|Apr 23, 2026Japan’s headline CPI inflation rose 1.5% year-on-year in March (vs 1.3% in February, 1.4% market consensus) and core inflation excluding fresh food accelerated for the first time ...
- Story Stats
- Apr 23, 2026 8:49pm Posted byFundamental Analysis148
- Instruments:
