Wall Street retreats to the sidelines ahead of the Fed, Main Street breaks bearish after gold tests $4,000/oz
Gold prices saw another turbulent week, as early safe-haven support faded into a sharp midweek selloff after hotter U.S. inflation data, renewed Middle East fighting, and rising Fed rate-hike expectations pushed prices to the $4,000 support level before the yellow metal reclaimed $4,200 on a late-week bounce.
Gold's inflation problem could become its next bullish trigger
It has been another frustrating week for gold investors, with prices now falling into bear market territory. But beneath the surface, the macro backdrop may be shifting in a way that could eventually turn a near-term headwind into a longer-term tailwind.
Precious metals firm as crude slides, stocks rise on U.S.-Iran talks - Kitco PM Report
Spot gold prices are firmer and spot silver prices are also higher after the close Friday, as oil prices fell on U.S.-Iran deal hopes, Treasury yields ended the week lower and U.S. equities rose into the weekend.
Gold holds key $4,000 support as analysts watch for signs of a bottom
After slipping into official bear market territory this week, gold and silver are starting to attract new attention. But while both precious metals managed to hold critical support, some analysts are saying that investors should only be testing the waters as they wade back in.
Gold (XAUUSD) Price Forecast: Death Cross Threatens Gold Price as Fed Hike Bets Rise
Gold prices head for a second weekly loss as Fed hike odds rise, inflation stays elevated, and a Death Cross threatens deeper losses.
$1,000 invested in Gold at start of 2026 is now worth
Through most of the 2020s, Gold has been one of the best major assets to own thanks to the remarkable rally in the commodity markets, but by mid-2026, the precious metal might have finally found its upper price limits.
Spot gold hovers near $4,200/oz after preliminary Consumer Sentiment rises to 48.9, one-year inflation expectations dip to 4.6%
The gold market is holding relatively steady after the latest data showed consumer sentiment in the U.S. improving, while inflation expectations pulled back from last month's highs.The University of Michigan announced on Friday that the preliminary reading of its Consumer Sentiment survey for June was 48.9. The data was better than expectations, as the consensus forecast of economists called for a reading of 46, and it was also above May's final reading of 44.8.
Gold And Silver Could Snap Longest Losing Streak In Months As Metals Remain Volatile
Despite Friday's gain, gold is still on track for a weekly decline of 7%, the Wall Street Journal reported, which would be the metal's second weekly decline in a row. Metals fell to their lowest levels in months this week, with gold touching a six-month low on Thursday, as analysts largely attributed the decline to expectations the Federal Reserve will hike interest rates, which generally causes metals prices to dip.
Gold holds above $4,200 as Hormuz risk premium unwinds - Kitco AM Report
Spot gold prices are steady and spot silver prices are weaker in early U.S. trading Friday, as oil prices fell sharply on U.S.-Iran deal hopes, U.S. equity futures edged higher and traders looked ahead to the next inflation-expectations read.
Gold Rises, But Remains Below Key Consolidation Level
Gold rose but remains below its key consolidation level of $4,500 an ounce on growing fears the Federal Reserve might have to raise its policy rate, UOB said.
Don't fear a drop below $4,000, gold's bull market isn't broken - Thorsten Polleit
Despite significant selling pressure, the gold market has managed to hold critical long-term support above $4,000 an ounce.
Gold (XAUUSD), Silver, Platinum Forecasts – Gold Attempts To Rebound After Strong Sell-Off
Silver and platinum markets are also trying to gain upside momentum on dip-buying.
