News
Precious metals market news
Gold Holds Near $4,158/oz as ISM Manufacturing PMI Eases to 54.5
Gold prices stayed close to session lows after US manufacturing data missed forecasts. The ISM Manufacturing PMI fell to 54.5 in September from 54.6 in August, below the expected 55. The sector remain…
Gold Prices Climb After Weak US Jobs Report
Gold prices climbed amid fresh safe-haven buying after the US economy added just 29,000 jobs in September, far below the expected 89,000. The unemployment rate edged up to 4.2%, missing forecasts, whi…
Gold and Silver Rise After Weak US Jobs Data Cuts Rate-Hike Odds
Gold and silver prices climbed in early US trading on Friday after a disappointing jobs report lowered October Fed rate-hike odds and boosted safe-haven demand. Spot gold reached around $4,216.80 per …
Gold Shows Resilience Despite High Yields, Silver Faces Oversupply, Copper Poised for Big Gains – Deutsche Bank’s Ghali
Gold has held up remarkably well despite multi-decade highs in bond yields. Daniel Ghali of Deutsche Bank notes the metal has avoided new lows since July even as 10-year US yields exceeded 5% and oil …
Gold Bulls Disappointed as Weak Jobs Data Fails to Ignite Rally, $4000 Support Nears
Gold prices failed to sustain early gains after the weak US jobs report. The metal traded at $4137 per ounce, posting over 3% weekly losses. Data showed just 29000 jobs added in September, unemploymen…
Precious Metals Give Up Jobs-Report Gains as Oil and Yields Remain High
Gold and silver prices declined on Friday after a weaker-than-expected U.S. jobs report cut October Fed rate-hike odds. Spot gold traded near $4,142 an ounce, down 0.83%, while silver stood around $60…
IMF Claims Orderly Bond Markets, Yet Gold's Resilience Tells a Different Story
The International Monetary Fund stated that global bond markets continue to function in an orderly manner despite rising yields across advanced and emerging economies. U.S. 10-year Treasury yields rec…
Gold Drops on Soft Jobs Data as Wall Street Nears Bearish Shift and Retail Investors Turn Cautious
The Kitco survey found 46% of Wall Street analysts now bearish, 23% bullish and 31% neutral. Marc Chandler sees upside above $4,280–$4,300, while Adrian Day expects near-term weakness. Sean Lusk voice…
Bank of America Flags Growing Risks of Gold Dropping Below $4000 in Q4
Despite gold holding steady amid surging bond yields and rate expectations, Bank of America believes elevated energy prices will push prices to $3750 an ounce in the fourth quarter. The bank keeps its…
Gold Selloff Creates Tactical Buying Chance, Yet Garner Stays Bearish at $4,500
Carley Garner of DeCarley Trading sees the recent gold price drop as a chance for a short-term rebound thanks to seasonal patterns and technical support, while staying bearish longer term. She notes t…
Gold Holds Steady Amid Elevated Yields as Fed Hike Bets Ease
Gold and silver prices rose on Thursday, supported by softer October Fed rate-hike expectations, even as high Treasury yields and a firm dollar capped gains. Spot gold traded near $4,159.11 per ounce,…
Washington to Erode $40 Trillion Debt via Inflation, Gold as Shield: Jim Rickards
The U.S. government carries over $40 trillion in debt and spends roughly $1 trillion annually on interest. Jim Rickards argues Washington will not repay it but instead rely on inflation to shrink its …
Gold Could See a ‘Shinier Q4’ Despite 20-Year Bond Yield Highs, FOREX.com Analyst Says
Gold is wrapping up the third quarter on a weak note after an August rebound, as surging bond yields weigh on the non-yielding asset. Prices target a modest 4% quarterly gain while holding above $4,10…
Gold to Break $5,000/oz in H2 2027, Silver’s Run to $120 Driven by Real Demand – Morgan Stanley’s Gower
Amy Gower of Morgan Stanley forecasts gold will surpass $5,000 per ounce in the second half of 2027 despite near-term pressure from elevated bond yields and dollar strength. She highlights firm suppor…
Gold Set for One of Its Best Decades as Fiat Currencies Face Pressure, Says WisdomTree’s Shah
Nitesh Shah, Head of Commodities and Macroeconomic Research at WisdomTree, argues gold is positioned for one of its strongest decades ahead, even as near-term headwinds from rising bond yields and tig…
Precious Metals Weaken as Long Yields Offset Cooler Inflation and Lower Fed Hike Odds
Spot gold eased to $4,156.10 per ounce, down 0.60%, while silver slipped 1.90% to $60.180 as mixed equities and climbing long-term Treasury yields weighed on prices. Softer inflation data cut October …
Calm Equity Markets Back Gold Prices Despite Surging Yields, Says MarketVector’s Yang
Gold prices face pressure from climbing bond yields amid inflation worries and expectations of a more aggressive Federal Reserve stance. Yet low equity market volatility, with the VIX around 15-17.5, …
Natixis Expects Gold to Fall to $4,100 by Year-End Under Three Possible Outcomes
According to Natixis, gold prices face downward pressure through year-end due to higher oil prices, persistent inflation, and rising interest rates. Precious metals analyst Bernard Dahdah presented th…
Gold Prices Likely to Fall as Short-Term Liquidity Needs Outweigh Investment Case – Saxo Bank’s Hansen
Saxo Bank’s Ole Hansen notes that gold’s resilience faces a tough test from a break below the 4230 level, surging Treasury yields and a stronger dollar, leaving ETF demand as the main support. The we…
Gold and Silver Rebound as Weak Data Reduces October Fed Hike Odds
Spot gold climbed 1.42 percent to near 4172.40 dollars per ounce on Tuesday, while silver advanced 1.23 percent to 61.27 dollars, recovering from the prior session's decline thanks to softer U.S. labo…
Gold and Silver Prices Struggle Now but Higher Long-Term Base Is Building - BMO Capital Markets
Gold and silver are under pressure from Middle East tensions that have lifted oil prices and stoked inflation fears, prompting bets on sharper rate hikes. Ten-year bond yields have hit a fresh 20-year…
Gold Slides Below 200-DMA as SocGen Highlights Critical Support Levels
Gold failed to hold above its 200-day moving average during recent rebound attempts, underscoring persistent downward momentum, according to Société Générale analysts. Without reclaiming the recent pi…
Bond Yield Surge Could Temporarily Send Gold to $4,000, Yet State Street Strategist Eyes $5,000 Target by Q2 2027
Rising rate expectations and climbing bond yields could push gold prices toward $4,000 an ounce in the near term. Aakash Doshi, Head of Gold Strategy at State Street, nevertheless maintains the floor …
Gold and Silver Slide as Oil Gains and Fed Rate Hike Worries Mount
Spot gold prices fell to around $4,131 an ounce, losing 3.8 percent, while silver slipped 5 percent to near $61.02. The drop followed an oil surge tied to Strait of Hormuz tensions that lifted Treasur…
Gold Faces Pressure from Strong US Labor Data and Rate Hike Outlook
The gold market keeps facing downward pressure from a resilient U.S. labor market. Initial unemployment claims totaled 197,000 for the week ending September 19, below the expected 201,000, with the pr…
Gold Breaks Support as Oil Rebound Adds Inflation Pressure
Spot gold eased to around 4265.30 dollars an ounce, down 0.48 percent, while silver slipped to 63.470 dollars with a 1.34 percent decline. Rising oil prices, elevated Treasury yields and firmer Fed ra…
Gold Prices Slip to $4,268 per Ounce as US New Home Sales Jump 6.4%
Spot gold hit session lows on Thursday after US new home sales rose 6.4% in August, beating the expected 3.2% gain. The seasonally adjusted annual rate reached 684,000 units versus forecasts of 620,00…
Gold to Face Further Pain as 10-Year Yields Hit 5.15%, Warns FOREX.com’s Razaqzada
Gold is under pressure as bond yields climb to their highest levels in two decades. FOREX.com analyst Fawad Razaqzada notes that elevated oil prices are intensifying inflation concerns, leading market…
Gold Holds Near $4300 Amid Resilient US Manufacturing Figures
Gold maintains its stance near $4300 an ounce as US manufacturing shows resilience. The Commerce Department reported durable goods orders stayed flat in August after a revised 0.9% July gain, beating …
Metals Advance as Hormuz Diplomacy Eases Crude Prices While Yields Hold Steady
Precious metals showed gains in early trading as spot gold reached approximately 4300 dollars an ounce, rising 0.62 percent, and silver advanced 1.62 percent to 64.76 dollars. Oil prices declined due …