Answer
Apr 23, 2026 - 06:42 AM
The precious metals market is broadly lower as of 9 AM ET on April 23, 2026, as geopolitical escalations in the Strait of Hormuz have sent oil prices higher, strengthening the USD and pressuring metals.
Gold: $4,747.40/oz (-0.12%)
Silver: $77.29/oz (-0.92%)
Platinum: $2,041.90/oz (-2.44%)
Palladium: $1,501.00/oz (-5.12%)
Investors are closely watching U.S. jobless claims and developments in the Middle East, as these factors continue to drive market-wide volatility for both bullion and industrial precious metals.
