Gold price remains under pressure as U.S. jobless claims rises to 229k
The gold market remains firmly caught in a downtrend, with prices trading near critical long-term support levels. Even potentially slowing momentum in the labor market has not been enough to pull prices out of this tailspin.
Gold price continues to struggle against euro as ECB raises interest rates by 25 basis points
The gold market continues to face significant downside risks and is seeing little reaction as interest rates rise in Europe.As expected, the European Central Bank increased its interest rates by 25 basis points. Interest rates for the central bank's deposit facility, the main refinancing operations, and the marginal lending facility have been increased to 2.25%, 2.40%, and 2.65%, respectively.
Gold breaks toward $4,000 as oil, yields weigh on metals - Kitco PM Report
Spot gold and silver prices are sharply lower after the close Wednesday, as the May inflation report, elevated Treasury yields and renewed U.S.-Iran escalation overwhelmed residual safe-haven demand.
Gold enters a bear market for the first time since 2022. How the ‘safe-haven' metal got here.
It's been 91 days since gold hit its recent peak — making for the quickest entry into a bear market since 2008.
As gold's tumble continues, traders bet the pain may last for two more years
Selling in the precious metal just keeps getting worse, with the GLD ETF now down 25% from its intraday record in February.
Gold price could triple if 1970s bull market pattern holds, says Jeff Clark
Gold's sharp correction this year may be unsettling for investors, but one market strategist argues the precious metal remains firmly within a historic bull market that is tracking one of its most historic rallies almost “tick for tick.”
$4,075/oz gold is now in play, and the price will need to challenge $4,600 before bullish momentum resumes – Saxo Bank's Hansen
Gold is trading firmly below its 200-day moving average as labor market strength and rising inflation reinforce the higher-for-longer rate narrative, which are supporting bond yields and the dollar, with $4,075/oz gold now in play, but long-term fundamentals remain supportive, according to Ole Hansen, head of commodity strategy at Saxo Bank.In a new update published Tuesday, Hansen noted that gold's slide below the 200 DMA constitutes an important setback that goes beyond technical damage.
Gold Extends Slump, Hits New 2026 Lows, As Bears Grip Markets
Gold, Silver and Bitcoin have all fallen sharply over the past five months.
Gold's Focus Now Turns to Continuation of Downtrend, Chart Shows
Gold's focus now turns to continuation of the downtrend, based on the daily chart, FOREX.com said.
Gold And Silver Price Hit 2-Month Lows Following Iran Tensions, Interest Rate Hike Fears
Several analysts attributed Tuesday's decline in prices to Iran war tensions and expectations the Federal Reserve may hike interest rates, which typically puts downward pressure on metals. Ole S. Hansen, head of commodity strategy at Saxo Bank, said in a post on X silver is experiencing a “renewed bout of weakness” as investors wait for more clarity on “inflation, energy prices, and the Federal Reserve's policy path.
Platinum, palladium extend losses as Bank of America maintains bullish year-end price outlook
While most investors have been focused on gold's recent breakdown, there has been a broad-based sell-off in the precious metals complex, with platinum group metals feeling the brunt of the sell-off.
The Price of Gold Is Flat in 2026. Some Analysts Are Still Bullish—But Not in the Short Term.
It's been a rough year for gold bulls.
