Gold Silver Miners Pulse

Gold Price Action

• Weekly Close: Gold closed last week at $4,787.40, in the middle of a $5,600-$4,100 range, marking the third week of green...

• Gold closed at $4,787.40, marking 3rd green weekly candle in relief rally from $4,100 low on March 23, holding above 50-week EMA
• Silver at $76.48,...

Geopolitical jolt: US-Iran negotiations collapsed, with Iran citing lack of US trust and US demanding no nuclear development—driving fragile...

• Oliver's bold forecast: Gold to $8,500+ as stocks enter topping phase from money supply bubble, rotating capital to gold/silver/commodities.
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Gold Price Pullback & Positioning

• 🔥 Spot Gold Slips Below $4770: Gold prices declined 0.98% to hover near $4770 per ounce due to profit-taking...

Key angles on gold's dip:

• Spot/futures prices: Slipped >1% below $4770/oz, MCX gold down 0.7% to Rs.152,290/10g; still +6% weekly.
• CFTC specs:...

Massive silver upside debated amid physical shortages:

• Inventory crisis: COMEX coverage at 13.4%, 67M oz 2026 deficit projected; Shanghai premium...

Social media heats up on gold giants' strategies and gains:

• Barrick (B/ABX) leads talks as top-two producer with portfolio resets, trading 43.50...

Gold Rally Momentum

• 🔥 Third Straight Weekly Gain: Gold and silver rise for a third straight week amid fragile Iran ceasefire, with spot gold at...

• Gold's 27% correction Jan-Mar marks 2006-style bull midpoint, with multi-quarter consolidation to $4k-$5.6k into 2027.
• After 75% yearly surge past...

• Silver dip to $72-76/oz creates attractive entries for Canadian producers/developers with high leverage.
• AbraSilver (ABRA.V): ~$9, down 28-33%,...

Key challenges at Barrick-Newmont JV:

• Partner disputes over Nevada Gold Mines and Fourmile royalty shock to Teck threaten IPO spinoff timing.
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Rally momentum builds: Spot gold at $4,752/oz (-0.2% daily) but up 1.5% WoW for third straight week; futures at $4,776 (-0.9%).

• Ceasefire key...

Pd demand surges via gold substitution in electronics, where Pd offers same conductivity at 1/3 price. Russians/SA not growing supply amid new...

Key trend signals confirming gold's long-term bull:

• Central bank buying: Consensus for ~800 tonnes in 2026, with emerging markets diversifying...

• Silver deficit hits 67M oz in 2026, 6th straight year, boosting every ounce's value.
• 2026 production guided at 15.1-16.5M oz, down from 2025's 17M...

PGM supply boost: South Africa saw a 13% rise in platinum group metal exports in Jan-Feb, with platinum up 18% YoY to China/Europe.

• War threats:...

Platinum and palladium futures fluctuated higher with recovering sentiment, but rebound mainly mirrors other precious metals, lacking independent drivers amid high volatility. Watch for unique PGM catalysts.

Key shift in metals outlook:

• Gold fell 7.8% last month as Iran conflict turns it into a risk asset, eroding safe-haven status.
• Silver gains...

June gold futures held steady at $4,684.70/oz on Comex Tuesday, rallying on Iran ceasefire news with the most-active contract up 0.1% in the week's first two days. Geopolitics remains a prime near-term catalyst.