Gold Rebounds, Silver Jumps as Lower Oil Prices and Weaker Dollar Lift Metals
At the time of writing, spot gold was trading around $4,120.80 per ounce, up 1.13%. Spot silver was near $59.95 per ounce, rising sharply by 2.82% for the session.
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Gold Falls Sharply in Q2, but Central Bank Demand Still Supports the 2026 Outlook
Gold prices went through a difficult second quarter as inflation pressure, expectations of higher interest rates, and a stronger U.S. dollar weighed heavily on the precious metal. However, according to Invesco’s latest quarterly gold outlook, central bank demand may remain a key factor helping gold end 2026 on a positive note.
U.S. Dollar Edges Lower as U.S.-Iran Tensions Persist, NZD Rises After Rate Hike
The U.S. Dollar Index, which measures the greenback against a basket of six major currencies, fell 0.2% to 100.97, after earlier reaching its highest level since July 2.
Malaysia’s Economy Projected to Grow Faster in 2026
Malaysia’s economic outlook has become more positive as economists raised their 2026 GDP growth forecast to 4.8%, up from the previous estimate of 4.6%. The revision came after business activity in the first half of the year performed better than expected.
Gold and Silver Edge Lower as Fed Rate Pressure Continues to Weigh on the Market
Spot gold and silver prices moved slightly lower after the North American trading session, as investors remained cautious ahead of the Federal Reserve’s meeting minutes and developments surrounding the Strait of Hormuz. At the time of writing, spot gold was trading around $4,161.90 per ounce, down 0.29%. Spot silver was near $61.90 per ounce, down 0.59% for the session.
S&P 500 and Nasdaq Close Sharply Higher as Broadcom Lifts Chip Stocks
The U.S. stock market ended Monday’s session firmly higher, with both the S&P 500 and Nasdaq posting strong gains as Broadcom and other semiconductor stocks rallied. Investors continued to buy shares of companies linked to artificial intelligence, expecting the sector to drive a strong second-quarter earnings season.
Stocks Edge Higher as Oil Prices Fall, Investors Await AI Earnings Season
European stocks and U.S. futures moved slightly higher on Monday as oil prices remained under pressure from the prospect of increased energy supply. This helped ease concerns over inflationary pressure, while investors shifted their focus to a crucial earnings season for companies linked to artificial intelligence.
Gold Holds Near Two-Week High as Fed Rate-Hike Expectations Ease
As of 02:52 GMT, spot gold was steady at $4,174.66 per ounce, after earlier touching its highest level since June 22. Meanwhile, U.S. gold futures for August delivery rose 1.5% to $4,186.70 per ounce.
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Gold and Silver Maintain Upward Momentum After Weaker-Than-Expected Non-farm Payrolls Data
Spot gold rose to around $4,184 per ounce, while spot silver climbed strongly to nearly $62.27 per ounce.
Oil Prices Little Changed as U.S.-Iran Peace Efforts Hold
Oil prices were nearly unchanged for the week as investors continued to monitor diplomatic efforts aimed at securing a peace agreement between the United States and Iran. Market sentiment remained supported by hopes that tensions in the Middle East could ease, allowing oil shipments through the Strait of Hormuz to gradually return to normal.
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