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Silver $58.78 ยท Gold weekly slide tied to dollar strength, Fed rate bets ‌ ‌ ‌ ‌ ‌
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Gold Mornings
Your weekday morning read on gold, metals and miners.
Issue #6 ยท Friday, June 26, 2026
Gold volatility (GVZ)  Cautious ยท 29.6  โ–ผ from 31.6 yesterday
Gold and silver rose modestly as miners outperformed, while a stronger dollar and Fed rate-hike expectations limited precious-metals gains.
 
 

โ—  The Numbers

Gold$4,067.00  +0.91%
-3.72% this week
Silver$58.78  +0.75%
-11.27% this week
Platinum$1,635.00  +2.08%
-4.12% this week
Palladium$1,215.00  +2.95%
-4.67% this week
Copper$6.18  +1.74%
-3.11% this week

โ—  The Movers

Leaders

PA=F Palladium+2.95%
PL=F Platinum+2.08%
AEM Agnico Eagle+1.77%

Laggards

SI=F Silver+0.75%
B Barrick Mining+0.80%
GC=F Gold+0.91%

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

โ—  The Read

Gold โ€” description, not prediction

Trading below both its 50-day ($4,487.87) and 200-day ($4,448.15) averages โ€” the longer-term trend reads as down. 30-day range $3,990.30โ€“$4,678.10; currently in the lower third of that range. RSI(14) 36 โ€” momentum weak.

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

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

โ—  The Brief

 Gold weekly slide tied to dollar strength, Fed rate bets

Gold faced a 3% weekly decline as a resilient US dollar and market expectations for Federal Reserve rate increases weighed on prices. A stronger dollar makes gold costlier for foreign buyers. (Investing)

 Deadly Venezuela earthquake prompts international aid response

A major earthquake in Venezuela triggered international humanitarian aid efforts, adding geopolitical uncertainty to global markets and potentially affecting regional economic stability. (Investing)

 Oil marks third weekly decline amid easing Middle East risks

Oil prices declined for a third consecutive week as Middle East supply concerns eased, reducing safe-haven demand pressures that typically support precious metals. (Investing)

 American Ocean Minerals completes Cook Islands exploration mission

American Ocean Minerals finished its first deep-sea exploration mission in the Cook Islands as part of a merger with Odyssey Marine Exploration to develop a US-controlled critical minerals company. (Mining.com)

Partner

The charts we read every morning

TradingView is the charting platform a lot of "The Read" leans on โ€” live gold, silver and miner charts, screeners and alerts. New to it? This link puts $15 toward a paid plan.

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Metals 101

What is RSI?

The Relative Strength Index, a 0โ€“100 momentum gauge. Below 30 is traditionally called "oversold" and above 70 "overbought" โ€” descriptions of recent momentum, not signals about what comes next.

Hit reply: What made you start following the stock market?
A human reads every answer.

Gold Mornings is an educational digest for US readers. Nothing here is financial, investment, tax, or legal advice. Metals carry risk โ€” 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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