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Silver $62.26 Β· Gold slips as dollar strength, Fed hike bets pressure prices ‌ ‌ ‌ ‌ ‌
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Gold Mornings
Your weekday morning read on gold, metals and miners.
Issue #1 Β· Tuesday, June 23, 2026
Gold volatility (GVZ)  Cautious Β· 26.1  β–Ό from 27.9 yesterday
Worth noting  Silver (SI=F) moved -4.98% on the day.
Gold and silver declined today as a stronger dollar and Federal Reserve rate-hike expectations pressured precious metals across the board.
 
 

●  The Numbers

Gold$4,144.80  -0.89%
-4.23% this week
Silver$62.26  -4.98%
-11.13% this week
Platinum$1,630.20  -2.40%
-7.90% this week
Palladium$1,240.50  -1.32%
-7.89% this week
Copper$6.16  -3.11%
-4.99% this week

●  The Movers

Leaders

AEM Agnico Eagle+0.11%
B Barrick Mining-0.50%
GC=F Gold-0.89%

Laggards

SI=F Silver-4.98%
HG=F Copper-3.11%
PL=F Platinum-2.40%

The day's best and worst of the tracked metals and miners Β· day-over-day change.

●  The Read

Gold β€” description, not prediction

Trading below both its 50-day ($4,533.76) and 200-day ($4,442.26) averages β€” the longer-term trend reads as down. 30-day range $4,090.30–$4,718.70; currently in the lower third of that range. RSI(14) 32 β€” momentum weak.

See where every market sits on the daily page β†’

What's pushing gold today: the dollar & Treasury yields  on the macro page β†’

●  The Brief

 Gold slips as dollar strength, Fed hike bets pressure prices

Gold fell 0.89% to $4,144.80 as a stronger U.S. dollar and expectations of higher interest rates reduced demand for non-yielding precious metals. (Investing)

 Deutsche Bank cuts gold outlook citing Fed repricing pressure

The bank downgraded its gold price forecast as Federal Reserve policy repricing weighs on sentiment, reflecting broader analyst caution on near-term direction. (Investing)

 Nornickel forecasts palladium, nickel surpluses through 2027

The major producer expects oversupply in both palladium and nickel markets over the next several years, potentially pressuring prices in those precious and industrial metals. (Investing)

 British Columbia gold miner sues province over mining rights

MCC Canadian Gold Ventures is challenging the province's revocation of mining rights on Banks Island, highlighting regulatory and permitting risks facing gold explorers and developers. (Mining.com)

Partner

The charts we read every morning

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Metals 101

What is an ore grade?

How much metal is in the rock, often grams of gold per tonne. Higher grades mean more metal for the same digging, so grade is one of the biggest factors in whether a mine is profitable.

β€œMetals mirror the dollar and the day's mood β€” a description, not a forecast.”

Gold Mornings is an educational digest for US readers. Nothing here is financial, investment, tax, or legal advice. Metals carry risk β€” you can lose money, and past performance does not predict future results. Some links may be affiliate links; we may earn a commission at no cost to you. Prices via Yahoo Finance, captured each morning before the US open.

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