Answer
Apr 29, 2026 - 06:26 AM
All four major precious metals are trading lower at 9 AM ET today, April 29, 2026, as markets brace for macroeconomic volatility. The spot prices and 24-hour percentage changes are summarized as follows:
Gold: $4,562.60 /oz (Down 0.67%)
Silver: $72.72 /oz (Down 0.70%)
Platinum: $1,912.50 /oz (Down 2.03%)
Palladium: $1,451.00 /oz (Down 1.86%)
The uniform decline across the bullion spectrum is driven by the perfect storm of a critical Federal Reserve meeting and a massive oil supply shock. Safe-haven demand is being temporarily neutralized by fears that high energy costs will fuel aggressive, inflationary interest-rate policies from central banks. Meanwhile, industrial metals like platinum and palladium are bearing the brunt of the sell-off as growth forecasts for the auto sector contract.
