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At Close: Jul 09, 2026

Gold Rises; Long-Term View Remains Positive

08:38pm, Sunday, 07'th Jun 2026
Gold rose in early trade. The yellow metal has retreated from the $5,000 a troy ounce level as Treasury yields climb amid higher inflation risk from elevated energy prices, UOB said.
A 58-year-old investor with $100,000 parked in SPDR Gold Trust (NYSEARCA:GLD) as a crisis hedge is paying roughly $300 more per year than necessary for the exact same bars of bullion.
Gold and silver investors aren't heading into the weekend with much to feel good about.
The latest Kitco News Weekly Gold Survey showed Wall Street overwhelmingly bearish on gold's near-term prospects, while Main Street grew more pessimistic after gold's week of weakness.
Inflation fears on multiple fronts have taken their toll on the gold market, with prices breaking below a critical long-term support level.
Gold is at a technically precarious juncture, and the good news for you is that options market may be mispricing the risk.
The last time gold and silver shed this much value was in late March, when gold hit a low around $4,400 and silver fell to as low as $67. Analysts blamed that price crash on mixed signals about Iran p
The global gold supply will see modest growth in both mine production and recycling in 2026, even as gold demand is projected to decline as double-digit losses in jewelry and central bank purchases ar
Spot gold and silver prices are lower in early U.S. trading Friday, after stronger-than-expected U.S. payrolls lifted Treasury yields, firmed the dollar and pressured the rate-cut trade.
The gold market is seeing surging selling pressure as the U.S. economy created far more jobs than expected, raising expectations that the Federal Reserve has room to raise interest rates to cool infla
Gold prices traded below $4,450 a troy ounce and were on track for a weekly loss as uncertainty surrounding U.S.-Iran peace talks weakened sentiment.
Gold and silver remain under pressure ahead of the U.S. nonfarm payrolls report, with both metals trapped in tight ranges as traders wait for a breakout confirmation.
A shift in the global economic order is triggering a worldwide race for physical resources, creating the conditions for a sustained commodity bull market and reinforcing gold's role as a critical rese
China's gold market, which along with central bank demand has been one of the central pillars of the multi-year gold rally, has shown definite signs of cooling in recent weeks. “Amid heightened mar

Comex Gold Settles 0.88% Higher at $4475.80

01:45pm, Thursday, 04'th Jun 2026
Gold settled 0.9% higher, up four of the past six sessions, and silver rose 0.4%, up two of the past three sessions.
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