Staff Answer
May 22, 2026 - 06:25 AM
The precious metals complex is broadly higher across the board as of 9 AM ET on Friday, May 22, 2026. Gold is up 0.35% to $4,534.30/oz, silver has climbed 1.26% to $76.42/oz, platinum has advanced 0.58% to $1,947.00/oz, and palladium has risen 0.80% to $1,388.50/oz. The widespread green across the metals sector today stems from a macro shifts combination: the U.S. Dollar Index (DXY) has softened below 100, lowering entry costs for foreign buyers, while easing U.S. 10-year Treasury yields have lessened the opportunity cost of holding non-yielding hard assets. Concurrently, massive underlying fiscal anxieties—such as the ballooning $40 trillion U.S. national debt—are sustaining long-term institutional allocations into physical precious metals.
