{"id":623,"date":"2026-06-12T15:40:49","date_gmt":"2026-06-12T15:40:49","guid":{"rendered":"https:\/\/coasttocoastmoverss.com\/?p=623"},"modified":"2026-06-12T15:40:49","modified_gmt":"2026-06-12T15:40:49","slug":"gold-and-silver-could-snap-longest-losing-streak-in-months-as-metals-remain-volatile","status":"publish","type":"post","link":"https:\/\/coasttocoastmoverss.com\/?p=623","title":{"rendered":"Gold And Silver Could Snap Longest Losing Streak In Months As Metals Remain Volatile"},"content":{"rendered":"<div>\n<h2>contra<\/h2>\n<p>Despite Friday\u2019s gain, gold is still on track for a weekly decline of 7%, the Wall Street Journal reported, which would be the metal\u2019s second weekly decline in a row. Metals fell to their lowest levels in months this week, with gold touching a <u>six-month low<\/u> on Thursday, as analysts largely attributed the decline to expectations the Federal Reserve will hike interest rates, which generally causes metals prices to dip. &#8220;Gold prices are moving in line with statements from the U.S. President, but the overriding influence remains inflation, with markets expecting rate hikes from the ECB and also anticipating that the Fed will follow,&#8221; Quantitative Commodity Research analyst Peter Fertig told <u>Reuters<\/u> on Friday. <\/p>\n<p>Read more <a href=\"https:\/\/coasttocoastmoverss.com\/?p=621\">Last Chance To See \u2018Planet Parade\u2019 This Weekend Before Mercury Sinks<\/a><\/p>\n<h2>what to watch for<\/h2>\n<p>Whether the Federal Reserve will raise interest rates. The Fed is set to hold its first <u>policy meeting<\/u> next week with Kevin Warsh, Trump\u2019s pick to lead the central bank, as its chair. Warsh has faced pressure from Trump to cut rates, though <u>economists<\/u> have said inflation pressures will most likely cause the Fed to keep rates steady next week, though rates could rise later in the year.<\/p>\n<h2>key background<\/h2>\n<p>Gold and silver are still up year-over-year, though they\u2019ve both fallen far from the all-time <u>highs<\/u> they reached in January, when gold hovered around $5,600 and silver surpassed $120. Those prices were the culmination of a months-long historic price rally, fueled by lower interest rates, tariffs, international tensions and increasing demand for metals by the technology industry. Prices <u>crashed<\/u> after Trump nominated Warsh to lead the Fed, as he was considered likely to cut interest rates. Metals prices have declined throughout the <u>Iran war<\/u> as oil prices have surged. <\/p>\n<p>Read more <a href=\"https:\/\/coasttocoastmoverss.com\/?p=619\">SpaceX Could Open At $175\u2014A 30% Surge In Blockbuster Debut (Live Updates)<\/a><\/p>\n<div><\/div>\n<h2>further reading<\/h2>\n<p><u>Gold And Silver Price Hit 2-Month Lows Following Iran Tensions, Interest Rate Hike Fears<\/u> (Forbes)<\/p>\n<p>Read more <a href=\"https:\/\/coasttocoastmoverss.com\/?p=617\">Northern Lights Forecast: Aurora Borealis Could Be Seen In 10 States Saturday Night<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Gold and silver prices are up Friday morning after declining throughout the week.<\/p>\n","protected":false},"author":1,"featured_media":622,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-623","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - 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