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Silver $67.58 ยท Venezuela moves $4 billion gold reserve to New York ‌ ‌ ‌ ‌ ‌
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Gold Mornings
Your weekday morning read on gold, metals and miners.
Issue #64 ยท Friday, September 18, 2026
Gold volatility (GVZ)  Cautious ยท 25.0  โ–ผ from 26.5 yesterday
Worth noting  Gold crossed above $4,400 since yesterday.
Gold and silver rose modestly today as oil retreated; miners rallied sharply on broader risk appetite and technical strength.
 
 

โ—  The Numbers

Gold$4,420.90  +0.48%
+0.27% this week
Silver$67.58  +3.23%
+4.70% this week
Platinum$1,818.80  +1.53%
+1.41% this week
Palladium$1,339.50  +3.82%
+2.18% this week
Copper$6.66  +1.11%
+2.94% this week

โ—  The Movers

Leaders

PA=F Palladium+3.82%
GDX Gold Miners ETF+3.36%
SI=F Silver+3.23%

Laggards

GC=F Gold+0.48%
HG=F Copper+1.11%
PL=F Platinum+1.53%

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

Between its 50-day ($4,325.17) and 200-day ($4,553.33) averages โ€” a trend in transition. 30-day range $4,332.80โ€“$4,697.80; currently in the lower third of that range. RSI(14) 41 โ€” momentum weak.

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

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

โ—  The Brief

 Venezuela moves $4 billion gold reserve to New York

Venezuela is nearing a deal to relocate a substantial portion of its gold reserves from overseas storage to New York, a significant shift in central-bank asset management with geopolitical implications. (Investing)

 Canada could gain billions refining more metals domestically

Economic Development Canada estimates a sustained shift toward sophisticated metal refining and processing could add up to $70 billion annually to the economy by 2035, affecting precious-metals supply chains. (Mining.com)

 Gold prices on pace for weekly gain as oil prices dip

Gold is tracking for a weekly advance as crude oil retreats, reflecting typical inverse relationships and easing energy-market pressures that can support precious-metals demand. (Investing)

 Silver tests key Fibonacci resistance level near $67.94

Silver is approaching technical resistance at the $67.94 Fibonacci level after today's 3.23% gain, a price point traders and analysts monitor for directional signals. (Investing)

Partner

How a gold IRA works

A plain, factual guide to holding physical gold in a retirement account: the eligible metals, rollovers and transfers, custodians, storage, and fees.

Learn how a gold IRA works

Metals 101

What is a troy ounce?

The unit precious metals are priced in. A troy ounce is about 31.1 grams โ€” slightly heavier than the everyday (avoirdupois) ounce of ~28.3g. Every gold and silver quote you see is per troy ounce.

Hit reply: What made you start following the stock market?
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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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