| | Gold Mornings | Your weekday morning read on gold, metals and miners.
Issue #32 · Tuesday, August 4, 2026 | | Gold volatility (GVZ) Cautious · 23.3 ▼ from 24.5 yesterday | | Worth noting Gold crossed above $4,100 since yesterday. | | Gold and silver rose sharply today while miner stocks fell, as geopolitical tensions and U.S. economic data expectations shaped safe-haven demand. |
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● The Numbers | Gold | $4,111.70 +1.93%
+1.87% this week | | Silver | $59.11 +2.50%
+3.17% this week | | Platinum | $1,685.40 +4.17%
+4.54% this week | | Palladium | $1,294.00 +3.45%
+2.17% this week | | Copper | $6.64 +2.01%
+5.11% this week |
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● The Movers Leaders | PL=F Platinum | +4.17% | | PA=F Palladium | +3.45% | | SI=F Silver | +2.50% |
| Laggards | AEM Agnico Eagle | -3.64% | | GDX Gold Miners ETF | -3.49% | | B Barrick Mining | -2.57% |
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The day's best and worst of the tracked metals and miners · day-over-day change. |
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● The Read Gold — description, not prediction Trading below both its 50-day ($4,182.41) and 200-day ($4,478.64) averages — the longer-term trend reads as down. 30-day range $3,985.60–$4,155.10; currently in the upper third of that range. RSI(14) 56 — momentum firm. See where every market sits on the daily page → What's pushing gold today: the dollar & Treasury yields on the Dollar & Yields page → |
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● The Brief | | Gold wavers amid U.S. jobs data, Middle East risks Gold prices moved higher as investors weighed upcoming U.S. employment figures against regional tensions. Safe-haven flows and economic uncertainty typically support precious-metal demand. (Investing) |
| | AI boom lifts mining while competing for power Artificial intelligence is simultaneously boosting mining demand for metals and competing for electricity resources. Structural shifts in commodity demand merit ongoing monitoring for precious-metal investors. (Mining.com) |
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Partner The charts we read every morning TradingView is the charting platform a lot of "The Read" leans on — live gold, silver and miner charts, screeners and alerts. New to it? This link puts $15 toward a paid plan. Try TradingView → |
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Metals 101 Does gold protect against inflation? Over long stretches gold has roughly held its purchasing power, which is why it's seen as an inflation hedge. But over any given year it can lag or outrun inflation — the link is loose, not mechanical. |
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“Metals mirror the dollar and the day's mood — 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 — 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 → New to gold? Why invest in gold → Part of the Mornings family from SolutionC LLC · Stock Mornings · Coin Mornings · ▶ YouTube goldmornings.com |