Staff Answer
May 28, 2026 - 06:29 AM
The precious metals sector is seeing a broad-based, macro-driven pullback at 9 AM ET today, May 28, 2026. Spot prices are fixed at $4,444.70/oz for gold (-0.05%), $74.33/oz for silver (-0.79%), $1,913.60/oz for platinum (-0.99%), and $1,381.50/oz for palladium (-2.02%). A powerful combination of rising U.S. Treasury yields, defensive U.S. military updates, and a strengthening U.S. dollar are weighing heavily on the entire metals complex. Additionally, recent target revisions from institutional banks like UBS lowering its gold forecasts are causing shorter-term traders to reassess their leverage across all four major metals.
