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Silver $65.95 Β· Gold slips as dollar strengthens, Fed rate outlook in focus ‌ ‌ ‌ ‌ ‌
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Gold Mornings
Your weekday morning read on gold, metals and miners.
Issue #66 Β· Tuesday, September 22, 2026
Gold volatility (GVZ)  Cautious Β· 23.4  β–² from 23.3 yesterday
Gold fell 0.76% to $4,350.50 as the dollar strengthened, while geopolitical tensions and oil-market diplomacy shifted safe-haven demand.
 
 

●  The Numbers

Gold$4,350.50  -0.76%
+0.41% this week
Silver$65.95  +0.19%
+4.29% this week
Platinum$1,789.10  -0.52%
+0.90% this week
Palladium$1,298.50  -0.34%
+0.72% this week
Copper$6.85  +2.47%
+7.58% this week

●  The Movers

Leaders

HG=F Copper+2.47%
SI=F Silver+0.19%
NEM Newmont-0.29%

Laggards

B Barrick Mining-1.48%
GDX Gold Miners ETF-1.10%
AEM Agnico Eagle-1.01%

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

●  The Read

Gold β€” description, not prediction

Between its 50-day ($4,337.55) and 200-day ($4,554.76) averages β€” a trend in transition. 30-day range $4,332.80–$4,697.80; currently in the lower third of that range. RSI(14) 46 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†’

●  The Brief

 Gold slips as dollar strengthens, Fed rate outlook in focus

Gold declined alongside a stronger US dollar. The relationship between currency strength and precious-metal prices remains a key driver for beginners to understand. (Investing)

 Oil dips below $100 as Iran offers Hormuz reopening

Oil fell as Iran signaled willingness to reopen the Strait of Hormuz amid diplomatic talks. Lower energy prices can reduce inflation expectations and affect Fed policy timing. (Investing)

 Iran ready to reopen Strait of Hormuz if US eases pressure

Iran proposed reopening a critical shipping chokepoint in exchange for reduced military pressure. Geopolitical de-escalation typically reduces safe-haven demand for gold and precious metals. (Investing)

 Fortune Minerals secures permits for NICO mine in Northwest Territories

Fortune Minerals obtained environmental and land-use approvals for its NICO deposit, which holds significant gold and rare mineral resources. Major permitting milestones advance production timelines for precious-metals projects. (Mining.com)

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 does 'karat' mean?

A measure of gold purity out of 24. 24-karat is pure gold; 18-karat is 18 parts gold to 6 parts other metals (75% pure). Bullion is typically 24k; jewelry is often 14k–18k for durability.

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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