Gold tests $4,450 as Philly Fed, jobless claims firm rate risk - Kitco AM Report
KITCO·2026-08-20 21:18

(Kitco NewsWire) - Spot gold prices are lower and spot silver prices are firmer in early U.S. trading Thursday, as stronger-than-expected U.S. labor and regional manufacturing data trimmed part of Wednesday’s Treasury-led precious-metals rally. At the time of writing, spot gold was trading near $4,454.70 an ounce, down 1.51%, while spot silver was trading near $66.670, up 4.87% on the session.The latest positioning remains split between yesterday’s bond-market relief and this morning’s firmer data. Initial ...

Gold tests $4,450 as Philly Fed, jobless claims firm rate risk - Kitco AM Report - Reportify