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Silver $65.36 ยท Gold weekly loss risk as Fed rate bets and dollar strengthen ‌ ‌ ‌ ‌ ‌
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Gold Mornings
Your weekday morning read on gold, metals and miners.
Issue #69 ยท Friday, September 25, 2026
Gold volatility (GVZ)  Cautious ยท 22.6  โ–ผ from 22.8 yesterday
Worth noting  Gold crossed above $4,300 since yesterday.
Gold and silver rose today while mining stocks fell, as safe-haven demand competed with higher interest-rate and dollar headwinds.
 
 

โ—  The Numbers

Gold$4,345.50  +1.11%
-1.79% this week
Silver$65.36  +2.99%
-1.80% this week
Platinum$1,794.70  +2.61%
-0.49% this week
Palladium$1,269.00  -0.09%
-2.85% this week
Copper$6.79  +1.07%
+2.65% this week

โ—  The Movers

Leaders

SI=F Silver+2.99%
PL=F Platinum+2.61%
GC=F Gold+1.11%

Laggards

NEM Newmont-1.82%
GDX Gold Miners ETF-1.29%
AEM Agnico Eagle-0.86%

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 ($4,355.03) and 200-day ($4,556.18) averages โ€” the longer-term trend reads as down. 30-day range $4,298.00โ€“$4,697.80; 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 Dollar & Yields page โ†’

โ—  The Brief

 Gold weekly loss risk as Fed rate bets and dollar strengthen

Gold faces pressure from expectations the Federal Reserve may raise interest rates and a strengthening US dollar, which makes gold costlier for foreign buyers and reduces its appeal relative to interest-bearing assets. (Investing)

 Dollar strength and Fed rate concerns weigh on gold prices

Rising oil prices and Federal Reserve rate-hike speculation are boosting the US dollar, which inversely affects gold demand and pricing in an uncertain market environment. (Mining.com)

 OceanaGold expands Waihi plant after major gold discovery

OceanaGold plans to expand its Waihi facility by 50% following discovery of rich gold veins at Wharekirauponga, signaling operational growth at the New Zealand mine. (Mining.com)

 Bonds capture market attention in volatile trading session

Treasury bonds are dominating market movement today, influencing broader asset allocations including precious metals and equities amid shifting interest-rate expectations. (Investing)

Partner

The charts we read every morning

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Metals 101

What is platinum used for?

Largely industrial โ€” catalytic converters in vehicles, plus jewelry and lab equipment. Because so much demand is industrial, platinum tracks the auto sector and global growth as much as investment mood.

Hit reply: What's the one question about investing you've never gotten a straight answer to?
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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