Early Friday, spot #gold was near $4,300.00 (+0.62%) and silver near $64.760 (+1.62%). U.S.-Iran truce hopes cooled crude, but elevated yields kept bullion on track for a weekly loss.
Silver rose after the Fed hike as long yields eased
Przemyslaw Radomski argues #silver is tracking long-term Treasury yields and oil, not the deficit or policy rate. His thesis faces another test when enlarged Treasury buybacks end November 4.
Gold and silver softened after Monday’s U.S. close as stocks rallied and oil fell, reducing safe-haven demand. Spot #gold traded near $4,337.20, down 0.95%, while #silver was near $66.080, down 0.44%.
Gold holds near $4,382.38 despite 5% Treasury yields. Spot gold rose 0.85%, while #silver gained 1.58% to $66.13. Lower oil offset part of the pressure from higher yields and a firmer dollar, but #gold still needs a sustained break above $4,396.15. https://t.co/tFSnXekdCRhttps://t.co/rHehJWIryb
Gold, silver rise as yields ease after Warsh’s Fed hike - Kitco AM Report
(Kitco NewsWire) - Spot #gold and #silver prices are higher in early U.S. trading Thursday, as lower crude oil prices and a modest pullback in Treasury yields helped precious metals recover after the https://t.co/FWV5pw4N8j
9
Cookie-urile îți permit să navighezi optim pe acest website și personalizează experiența de navigare.
