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Gold (XAUUSD), Silver, Platinum Forecasts – Gold Moves Higher Amid Falling Treasury Yields
Gold is moving higher as traders focus on weaker dollar, falling Treasury yields, and lower oil prices. U.S. dollar pulled back against a broad basket of currencies despite strong Non Farm Payrolls report. The report showed that U.S. economy added 115,000 jobs in April, exceeding the analyst forecast of 62,000. Weaker dollar is bullish for gold as it makes the metal cheaper for buyers who have other currencies. Treasury yields pulled back after yesterday’s rebound. The yield of 2-year Treasuries declined below the 3.90% level, while the yield of 10-year Treasuries settled near 4.36%. Falling Treasury yields ... (full story)
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The gold price caught a tailwind this week as tensions between the US and Iran eased, first breaking US$4,600 per ounce and then pushing above US$4,700. Silver was also on the move, briefly passing US$82 per ounce. Will the precious metals keep rising? Experts are divided on what's next.
From kitco.com | May 9, 2026
Spot gold and silver finished firmer after the U.S. data mix showed stronger job creation, steady unemployment and weakening household sentiment. At the time of writing, spot gold was trading near $4,716.20 an ounce, up 0.65% on the session, while spot silver was at $80.300, up 2.57%. April nonfarm payrolls rose by 115,000, while the unemployment rate held ...
From kitco.com | May 9, 2026
Gold traded higher on Friday amidst a weaker US dollar and despite a strong US labor market, with gold futures trading higher by $19.80 or 0.42% to close at $4,730.70. Silver futures climbed back above $80 after today’s gain of $0.68 or 0.85%, taking silver futures to $80.86. The primary factor was dollar weakness, which accounted for all of gold’s moves ...
