Price Movement – Gold and silver seem to be trying to find a bottom after months of heavy selling, damaged charts, and a macro story that keeps shifting under traders’ feet. Gold’s climb back toward $4200 and silver’s recovery above $62 both hint that demand for hard assets hasn’t gone away — it’s just been waiting for the right trigger to come back

Gold was headed for a weekly gain of 2%, and Silver 5% its first such gain since May after softer-than-expected nonfarm and private payrolls data eased worries over inflation and rates staying higher for longer.

Gold and Silver recovered from lows, as weaker-than-expected U.

Gold and Silver remain under pressure, trading close to the seven-month low, as rising Treasury yields weigh on sentiment. Diminishing hopes for a lasting U.S.-Iran peace agreement have kept inflation worries and expectations of Federal Reserve rate hikes in focus.

Gold slipped below $4,000 once more, hitting its lowest point in nearly eight months, and is heading for a fourth straight monthly loss as Middle East instability and growing bets on US Federal Reserve rate hikes this year weigh on the metal.

Markets now assign a 68% probability to a Fed rate hike as early as September, up sharply from just 29% a week ago. That hawkish repricing, combined with the dollar trading at 13-month highs and softening inflation expectations, is placing heavy and concurrent pressure on precious metals.

Gold and silver are extending their losing streak despite a temporary US-Iran peace deal, pressured by three concurrent forces. Both metals sit at critical 2026 support—gold at $4,000–$4,060 and silver at $60–$61—with a 90% probability of a rebound from current oversold levels.

Gold slipped below $4200, erasing the week’s earlier gains, while Silver fell toward $65 and is on track to shed roughly 4% for the week. The trigger was a hawkish pivot from the US Federal Reserve, which overshadowed the constructive signal from the US-Iran peace agreement.

Gold dropped 2% and silver fell nearly 3% after the US Federal Reserve signalled growing support for interest rate hikes this year. Prices then recovered as President Donald Trump signed an interim deal to end the US-Iran conflict and reopen the Strait of Hormuz

Gold is holding above $4,300 and silver above $70 as markets position ahead of the formal signing of a US-Iran peace agreement.

Gold and silver recovered from recent lows after President Trump signalled that the Strait of Hormuz could reopen on Friday following a US-Iran interim deal.

Gold and silver slipped to their January lows before staging a sharp rebound, supported by growing optimism that an imminent US-Iran peace deal would ease concerns over persistent inflation and the prospect of further interest rate hikes