-
Gold tests $4,100, silver breaks under $62 as dollar pressure dominates
Spot gold and silver prices are sharply lower after the close Tuesday, as the U.S. dollar held near its strongest levels of the year, post-Fed rate-hike risk stayed in place and the Strait of Hormuz risk premium continued to unwind. At the time of writing, spot gold was trading near $4,123.00 an ounce, down 1.64%, while spot silver was trading at $61.545, down 5.45% on the session. The latest post-Fed positioning remains the primary headwind for precious metals. Traders are no longer treating the Fed as a near-term source of easing protection; the market is instead trading the combination of resilient U.S. data, a ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From canadianminingjournal.com|3 hr agoGoldman Sachs has slashed its gold price forecast by $500 an ounce to reflect the increased likelihood that the US Federal Reserve will raise rather than cut interest rates this ...
From kitco.com|4 hr agoGold prices continue to trade near their lows for the year as the Federal Reserve’s new hawkish bias takes its toll on the market, with another bank lowering its year-end price ...
From finance.yahoo.com|4 hr agoFor the first time since 2023, most Americans think it's a better idea to buy a home than rent or move in with relatives. Fifty-three percent of respondents surveyed by Bank of ...
-
- Newer Stories
From thegoldforecast.com|1 hr 57 min agoGold retreated on Tuesday as the U.S. dollar climbed to its strongest level in more than a year, lifting the cost of bullion for buyers holding other currencies and reminding the ...
From pimco.com|1 hr 13 min ago|4 commentsChina’s economic trajectory is shifting, but not in the way many had once expected. Consumption-led rebalancing has not materialised. Instead, economic policy continues to ...
From abs.gov.au|41 min agoIn the 12 months to May 2026: • The Consumer Price Index (CPI) rose 4.0%, down from 4.2% in the 12 months to April 2026. • The largest contributors to annual inflation were ...
- Story Stats
- Jun 23, 6:30pm | 2 hr 42 min ago Posted byFundamental Analysis50
- Instruments:
