PRECIOUS METALS MARKET UPDATE -- June 10, 2026
Gold Breaks 200-Day Average on Hot CPI Shock
Closing Prices:
Gold: $4,082.34 (-4.44%)
Silver: $64.15 (-2.67%)
Platinum: $1,678.60 (-3.72%)
Palladium: $1,239.69 (-1.01%)
Key Driver: May CPI surged to 4.2% annually -- the highest since 2023 -- with energy prices up 3.9% driving 60%+ of the increase. Hot inflation reinforced Fed rate-hold expectations, pushing gold below its 200-day moving average.
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Read the full update: https://t.co/JYzayDDzbQ
PRECIOUS METALS MARKET UPDATE -- June 5, 2026
Jobs Shock Crushes Metals as Rate-Cut Hopes Fade
Closing Prices:
Gold: $4,339.61 (-3.27%)
Silver: $68.57 (-7.17%)
Platinum: $1,792.90 (-6.20%)
Palladium: $1,247.25 (-6.34%)
Key Driver: A stronger-than-expected May jobs report crushed Federal Reserve rate-cut expectations, sending the U.S. Dollar Index up 0.65% and Treasury yields higher—pushing all four metals sharply lower.
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Read the full update: https://t.co/H924bYhcsV
PRECIOUS METALS MARKET UPDATE -- June 2, 2026
Silver Leads as Peru Supply Fears and Iran Risk Fuel Gains
Closing Prices:
Gold: $4,499.94 (+0.09%)
Silver: $75.87 (+0.64%)
Platinum: $1,947.70 (+0.31%)
Palladium: $1,391.50 (+0.65%)
Key Driver: Silver surged on Peru mine supply concerns and strong industrial demand forecasts, while gold held near $4,500 as Iran tensions kept geopolitical risk premiums elevated. ECB confirmed gold has overtaken Treasuries as the top global reserve asset.
#PreciousMetals #Gold #Silver #Platinum #Palladium #MarketUpdate #TexasPreciousMetals #Iran #SilverSupply #CentralBanks
Read the full update: https://t.co/rsLWloyLU1
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Texas Precious Metals' federal lawsuit against the Texas Bullion Depository advanced this month after a three-day injunction hearing before Senior U.S. District Judge David Allen Ezra. A ruling on whether the state must halt its gold coin and Redback program is expected soon.
Read the full update: https://t.co/CVDpidVoTm
Big news: The Royal Mint has partnered with Texas Precious Metals to expand US bullion distribution, giving Texas retail and wholesale customers access to globally recognized bullion products from The Royal Mint.
Read more: https://t.co/Nlx0wq2NF3
#RoyalMint #TexasPreciousMetals #bullion #preciousmetals #gold #silver