| | Gold Mornings | Your weekday morning read on gold, metals and miners. Issue #19 Β· Thursday, July 16, 2026 | | Gold volatility (GVZ) Cautious Β· 24.9 βΌ from 25.0 yesterday | | Gold and silver edged lower today as oil-driven inflation concerns keep Federal Reserve rate-cut odds uncertain amid Middle East tensions. |
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β The Numbers | Gold | $4,032.20 -0.29% -2.38% this week | | Silver | $56.83 -0.50% -5.88% this week | | Platinum | $1,667.70 +2.22% +3.02% this week | | Palladium | $1,292.50 +0.72% +3.91% this week | | Copper | $6.37 +1.26% +2.54% this week |
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β The Movers Leaders | PL=F Platinum | +2.22% | | HG=F Copper | +1.26% | | PA=F Palladium | +0.72% |
| Laggards | B Barrick Mining | -1.59% | | AEM Agnico Eagle | -1.51% | | GDX Gold Miners ETF | -1.18% |
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The day's best and worst of the tracked metals and miners Β· day-over-day change. |
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β The Read Gold β description, not prediction Trading below both its 50-day ($4,329.75) and 200-day ($4,472.72) averages β the longer-term trend reads as down. 30-day range $3,990.30β$4,475.80; currently in the lower third of that range. RSI(14) 50 β momentum roughly neutral. See where every market sits on the daily page β What's pushing gold today: the dollar & Treasury yields on the Dollar & Yields page β |
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β The Brief | | UBS flags copper deficit, supporting long positions Investment bank UBS identifies a supply deficit in copper markets, suggesting structural support for prices. Copper demand reflects industrial health and inflation expectations tied to precious metals. (Investing) |
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Partner The charts we read every morning TradingView is the charting platform a lot of "The Read" leans on β live gold, silver and miner charts, screeners and alerts. New to it? This link puts $15 toward a paid plan. Try TradingView β |
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Metals 101 What is the GVZ? The CBOE Gold Volatility Index β gold's version of the VIX. It gauges how big a move the market expects in gold over the coming month. High GVZ means jittery, low means calm. It describes mood, not direction. |
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βMetals mirror the dollar and the day's mood β a description, not a forecast.β |
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. Forwarded this email? Get your own free β New to gold? Why invest in gold β Part of the Mornings family from SolutionC LLC · Stock Mornings · Coin Mornings goldmornings.com |