Market Recap

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Metals today: silver jumps nearly 5% as rate-hike bets unwind

July 21, 2026

Update, 6:00 PM Eastern: the closing wrap The rally held. Gold ended the day near $4,080, up about 1.9 percent, after pressing to roughly $4,086 late in the session, its best level of the day. Silver was the story from the opening bell and stayed that way, finishing near $58.87 for a gain of about […]

Metals today: gold touches $4,037 as a ninth night of strikes keeps the risk bid alive

July 20, 2026

Nine straight nights of U.S. strikes on Iranian targets, a Strait of Hormuz that remains closed to shipping, and Brent crude trading above $90. That was the backdrop as gold spent Monday grinding higher, reaching $4,037 before settling back to finish near $4,008, up about 0.5% on the day. For the second week running, the […]

Metals today: a quiet Sunday reopen with gold holding the line at $4,000

July 19, 2026

Sundays don’t give a metals columnist much to work with, and this one is no exception. Spot trading picked back up this evening with gold parked just under $4,000 and the other metals barely moving, a calm restart after a week that was anything but. The real story is still the one traders carried home […]

Metals today: gold claws back above $4,000 to end a losing week

July 17, 2026

Six straight days of American airstrikes on Iranian targets, oil up double digits on the week, and gold finished Friday higher anyway. That was the odd shape of this session: after a bruising week that carried the metal to levels last seen in November, bargain hunters stepped back in and pushed spot gold above $4,000 […]

Metals today: gold breaks below $4,000 as rate worries trump a Gulf crisis

July 16, 2026

The $4,000 line finally gave way. Gold spent the morning drifting lower from just above $4,060, then broke through the round number in afternoon U.S. trading and kept sliding to a low near $3,971 before settling just under $3,979. What made the day notable was what didn’t happen: with American warplanes striking Iranian targets for […]

Metals today: platinum leads as gold holds above $4,060 and silver slips

July 15, 2026

Platinum ran away with the session. While gold ground out a small gain and silver quietly gave back ground, the white metal climbed close to 3% and finished the American trading day near $1,681. It made for a split tape: the two headline metals leaning opposite ways while the platinum-group names did the heavy lifting. […]

Metals today: gold touches $4,099 amid Iran escalation and a cooler CPI, then eases

July 14, 2026

For one hour on Tuesday morning, the metals market had to hold two opposite thoughts at once. At 8:30 New York time, the June inflation report landed friendlier than anyone expected. Barely two hours later, U.S. forces were striking Iranian targets and re-imposing a naval blockade around the Strait of Hormuz. Gold’s answer was a […]