Gold Surges Past £3,700 as Silver Outpaces With Double-Digit Weekly Gain
Gold closed at £3,737/oz (+4.7%) while silver soared 10.7% to £63.88/oz, compressing the gold/silver ratio to 58.5.
Our weekly summary of the biggest precious metals stories, price movements, and what to watch in the week ahead.
12 articles
Gold closed at £3,737/oz (+4.7%) while silver soared 10.7% to £63.88/oz, compressing the gold/silver ratio to 58.5.
Gold eased 0.66% to £3,669/oz ($4,645) while silver gained 1.9% to £60.38, compressing the gold/silver ratio to 60.8.
Gold climbed 2.8% to $4,787 on soft inflation data and supply concerns, while silver outpaced with a 5.3% gain, even as Wall Street forecasters diverge by $1,000 on where prices go next.
Gold surged 3.9% to reclaim $4,700 as central bank buying, geopolitical shifts, and Wall Street upgrades collided in a volatile week.
Gold clawed back above $4,500 on Iran tensions and bargain hunting, but March's 14% decline still defines the landscape.
Gold plunged 8.4% and silver cratered 13.2% in the worst week for precious metals since 2011, driven by hawkish Fed signals and massive ETF outflows.
Gold and silver posted weekly losses as a surging dollar and fading rate-cut expectations outweighed safe-haven demand from the Iran crisis.
Gold shed 2.56% as a geopolitical spike reversed and Asian demand fractured, though central bank buying and weak jobs data kept a floor under $5,000.
US-Israel military strikes on Iran drove gold near $5,300 and silver past $93, with both metals posting sharp weekly gains on surging safe-haven demand.
Gold surged 4% past the $5,000 milestone while silver stole the show with a 12% weekly rally, compressing the gold/silver ratio to 61.7.
Gold edged higher past $5,000 while silver suffered a brutal 4.6% weekly decline, widening the performance gap between the two metals.
Gold consolidated above $5,000 while silver retreated 5.5% amid questions about Chinese demand and valuation concerns.