Gold, silver ease as stocks rally, Hormuz risk premium fades - Kitco PM Report
KITCO·2026-09-22 06:44

The latest positioning remains centered on a market that has accepted last week's 25-basis-point Fed hike but has not priced out further tightening. The FOMC lifted the target range to 3.75% to 4.00% on Sept. 16, and the median projection still points to 4.1% by year-end. August retail sales rose 1.2%, initial jobless claims fell to 196,000 and traders were pricing an 88% probability of another U.S. rate hike in December. That mix left gold caught between lower oil-led inflation pressure and a still-hawkish ...

Gold, silver ease as stocks rally, Hormuz risk premium fades - Kitco PM Report - Reportify