Staff Answer
Jun 24, 2026 - 06:56 AM
At 9:30 AM ET today, a broad-based market correction pushed all four major precious metals lower: gold is at $4,002.40/oz (-3.07%), silver is at $59.11/oz (-5.41%), platinum is at $1,594.40/oz (-3.72%), and palladium is at $1,202.00/oz (-4.07%). The synchronized decline is driven by a stronger U.S. dollar and aggressive institutional de-risking ahead of tomorrow’s U.S. PCE inflation data, which traders fear will encourage the Fed to keep interest rates higher for longer.
