Gold Suffers Worst Monthly Drop Since 2008 – Fed Rate Jitters, Strong Dollar Fuel Selloff
Spot gold recorded its steepest monthly decline since October 2008 in June, pressured by a stronger U.S. dollar, growing expectations of interest rate hikes, and lingering uncertainty surrounding the Middle East conflict.
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Silver Crashes To Over 6-Month Lows – But This Analyst Sees ‘Very Limited Downside’
Both gold and silver extended their sell-off on Wednesday, with spot prices dropping to the lowest levels this year.
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Gold Is Under Pressure Today: What's Going On?
SPDR Gold Shares are dipping on Tuesday. Expectations for additional Federal Reserve rate hikes rise and geopolitical tensions ease.read more...
Benzinga
Hansen Says Silver Is Struggling More Than Gold As It Faces ‘Double Pressure’ – Deutsche Warns Gold Can Fall To $3,800
Veteran commodities analyst Ole Hansen said silver has come under pressure due to concerns about slowing global growth and weaker demand for industrial metal.
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Why Gold ETFs Still Deserve a Place in Long-Term Portfolios
Gold ETFs remain well-positioned despite near-term volatility, supported by central bank buying, U.S.-Iran peace deal and their role as a portfolio diversifier.
Zacks
Why Is AG Stock Jumping Over 5% In Overnight Trading?
Precious metal prices, including gold and silver, were higher in the overnight session on Sunday as a peace deal between the U.S. and Iran eased concerns around inflation and higher interest rates.
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S&P 500, Nasdaq, Dow Drop As US-Iran War Jitters, Inflation Risk Spur Tech Selloffs — SMCI, AMZN, OPEN, SEGG, TSLA In Focus
President Donald Trump threatened to strike Iran again after negotiations were taking “too long.”
Stocktwits
What's Going On With The Dip In Gold Today?
SPDR Gold (NYSE: GLD) shares are sliding Wednesday. Precious metals moved sharply lower across global markets.read more...
Benzinga
Gold, Silver Slide Amid US-Iran Escalation: Why Citi Sees Further Downside
The U.S. struck Iran late Tuesday in a retaliatory operation for the downing of an American Apache combat helicopter near the Strait of Hormuz, sending prices of precious metals lower.
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S&P 500, Dow, Nasdaq Futures Decline As US Launches Fresh ‘Self-Defense Strikes’ On Iran: SMCI, TLRY, DKNG, CBRL In Focus
The U.S. launched fresh strikes on Iran late Tuesday in retaliation for the downing of an American combat helicopter near the Strait of Hormuz.