Gold trades at $4,510 as robust central bank purchases counter US inflation at 3.8% and no rate cuts, with $4,500 support key amid geopolitical uncertainty. . . (AD HOC NEWS)
Silver demand keeps rising faster than supply. The global market recorded a 148.9 million-ounce deficit in 2024, after another shortfall in 2023... Investing Haven
Spot Gold and Silver prices are sharply lower in early U.S. trading Friday, as a firmer U.S. dollar, higher Treasury yields and oil-led inflation concerns offset safe-haven demand tied to the Strait of Hormuz... Kitco
Precious metal falls to around $78 an ounce as hotter-than-expected U.S. inflation data fuels expectations of prolonged high interest rates... Mucahithan Avcioglu
The best-performing precious metal for the past week was silver, up 6.00%. Silver futures surged to an intraday high of $82.16 per ounce on Friday as hopes for a U.S.–Iran peace deal and the potential reopening of the Strait of Hormuz lifted precious metals for a fourth straight session... Frank Holmes
Gold’s rally may be stuck in neutral for now, but central banks continue to send a clear signal to the market: they remain committed buyers on price weakness, even amid volatile economic conditions... Niels Christensen