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Gold steadies, silver rises as as Hormuz risk premium fades
Spot gold prices are near steady and spot silver prices are higher after the close Thursday, as lower crude oil prices and easing Treasury yields offset a firmer U.S. dollar. At the time of writing, spot gold was trading near $4,542.40 an ounce, down 0.04%, while spot silver was trading near $76.655, up 1.03% on the session. Weekly jobless claims fell by 3,000 to 209,000 for the week ended May 16, while the prior week was revised to 212,000. April housing starts fell 2.8% to a 1.465 million seasonally adjusted annual rate, while building permits rose 5.8% to 1.442 million. The Philadelphia Fed manufacturing index ... (full story)
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- May 22, 2026 12:00am Posted byFundamental Analysis123
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