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Gold Continues to Struggle with Higher Rates
The gold market dropped a bit in the early part of the Monday session, as we continue to see interest rates move the metals markets. The gold market fell pretty significantly during the early hours here on Monday to break significantly below the $4600 level before bouncing. Part of what's driving this, of course, will be the interest rate situation in the United States as rates continue to rise. The 10-year yield is above the 4.41% level as I recorded in this video, and it suggests that there will continue to be resistance built into the gold market. That being said, the $4600 level is an area that a lot of people ... (full story)
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Gold and silver prices are turning lower after bearish reversal patterns emerged across both metals, with fading safe-haven demand and a firmer US dollar weighing on prices. Gold’s failed breakout above 4900 has shifted focus towards key support levels, while silver is showing similar technical weakness. Positioning is also softening, reinforcing a bearish ...
From cnbc.com | May 5, 2026
Australia's central bank on Tuesday raised its policy rate to 4.35%, matching its December 2024 peak, as inflation remains elevated. The move by the Reserve Bank of Australia was in line with expectations in a Reuters poll of economists and marked its third consecutive rate increase. Eight members of the board voted for the hike, while one voted to hold ...
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