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Divided Fed won’t deliver gold-boosting rate cut in 2026, EU EV sales support silver demand as ETFs slide
A divided Federal Reserve looks unlikely to stimulate gold demand with a rate cut this year, while silver demand is getting a boost from European EV sales and infrastructure, but the investment community’s appetite for the gray metal continues to drop, according to precious metals analysts at Heraeus. In their latest update, the analysts wrote that the Federal Reserve delivered some clarity on the rate path. “There was no change to the headline rate; however, the subsequent press conference did reveal the way Powell was viewing the current monetary policy landscape,” they said. “The most important facet of ... (full story)
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From msn.com | May 4, 2026
Gold and silver prices slid sharply on Monday, with both metals posting their steepest daily losses in weeks as recent gains gave way to renewed selling pressure. Front-month Comex gold for May delivery dropped $110.40, or 2.38%, settling at $4,519.50 per troy ounce. The decline marked the largest one-day fall in both dollar and percentage terms since early ...
