Gold rebounds, silver soars as easing oil, softer dollar lift metals - Kitco PM Report

Kitco07-09

(Kitco NewsWire) - Spot gold and silver prices are higher in late-afternoon U.S. trading Thursday, as crude oil prices pulled back, Treasury yields eased and the U.S. dollar weakened after Wednesday’s...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2650972261?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-09 21:08","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2650972261","market":"hk","top_or_hot":-1,"title":"Gold rebounds, silver soars as easing oil, softer dollar lift metals - Kitco PM Report","media":"Kitco","content":"<div>\n<p>(Kitco NewsWire) - Spot gold and silver prices are higher in late-afternoon U.S. trading Thursday, as crude oil prices pulled back, Treasury yields eased and the U.S. dollar weakened after Wednesday’s...</p>\n\n<a href=\"https://www.kitco.com/news/article/2026-07-09/gold-rebounds-silver-soars-easing-oil-softer-dollar-lift-metals-kitco-pm\">Source Link</a>\n\n</div>\n","source":"kitco_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Gold rebounds, silver soars as easing oil, softer dollar lift metals - Kitco PM Report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGold rebounds, silver soars as easing oil, softer dollar lift metals - Kitco PM Report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-07-09 21:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.kitco.com/news/article/2026-07-09/gold-rebounds-silver-soars-easing-oil-softer-dollar-lift-metals-kitco-pm><strong>Kitco</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Kitco NewsWire) - Spot gold and silver prices are higher in late-afternoon U.S. trading Thursday, as crude oil prices pulled back, Treasury yields eased and the U.S. dollar weakened after Wednesday’s...</p>\n\n<a href=\"https://www.kitco.com/news/article/2026-07-09/gold-rebounds-silver-soars-easing-oil-softer-dollar-lift-metals-kitco-pm\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GOLY","symbol_name":"Strategy Shares Gold Enhanced Yield ETF","start_time":0,"source_url":"https://www.kitco.com/news/article/2026-07-09/gold-rebounds-silver-soars-easing-oil-softer-dollar-lift-metals-kitco-pm","article_id":"2650972261","we_media_id":null,"thumbnails":[],"rights":{"source":"kitco_highlight","url":"https://www.kitco.com/news/article/2026-07-09/gold-rebounds-silver-soars-easing-oil-softer-dollar-lift-metals-kitco-pm","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2650972261","pubTimestamp":1783602480,"columns":[],"sourceInfo":{"source_id":"kitco_highlight","name":"Kitco"},"weMediaInfo":null,"summary":"(Kitco NewsWire) - Spot gold and silver prices are higher in late-afternoon U.S. trading Thursday, as crude oil prices pulled back, Treasury yields eased and the U.S. dollar weakened after Wednesday’s","collect":0,"end_time":0,"defaultTopTitle":"kitco.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"GOLY":"Strategy Shares Gold Enhanced Yield ETF","GUSH":"Direxion Daily S&P Oil &Gas Exp. & Prod. Bull 2X Shares","ERX":"二倍做多能源ETF-Direxion","SILJ":"Amplify Junior Silver Miners ETF","OIH":"石油服务ETF","WTIU":"MICROSECTORS ENERGY 3X LEVERAGED ETN","XME":"金属与采矿指数ETF-SPDR","UGA":"United States Gasoline Fund LP","SLVP":"iShares MSCI Global Silver and Metals Miners ETF","OILU":"MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN","UGL":"2倍做多黄金ETF-ProShares","DRIP":"Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares","PICK":"iShares MSCI Global Metals & Mining Producers ETF","GLTR":"abrdn Physical Precious Metals Basket Shares ETF","PXJ":"Invesco Oil & Gas Services ETF","FBZ":"First Trust Brazil AlphaDEX Fund","KSLV":"Kurv Silver Enhanced Income ETF","XLE":"SPDR能源指数ETF","CEF":"Sprott Physical Gold & Silver Trust","DBO":"原油ETF-PowerShares","IXC":"全球能源业ETF-iShares","DBC":"商品指数ETF-PowerShares DB","PXE":"Invesco Energy Exploration & Production ETF","XOP":"油气开采指数ETF-SPDR S&P","GBUG":"Sprott Active Gold & Silver Miners ETF","OILT":"Texas Oil Index ETF","USL":"United States 12 Month Oil Fund LP","USO":"美国原油ETF","DBE":"能源商品ETF-PowerShares","SIVR":"Abrdn Silver ETF Trust","DUG":"二倍做空石油与天然气ETF(ProShares)","VDE":"Vanguard Energy ETF","SLVR":"Sprott Silver Miners & Physical Silver ETF","ZSL":"Proshares二倍做空白银ETF","AGQ":"2倍做多白银ETF-ProShares","PSLV":"Sprott Physical Silver Trust","BWET":"BREAKWAVE TANKER SHIPPING ETF","OILK":"ProShares K-1 Free Crude Oil ETF","BEGS":"RAREVIEW 2X BULL CRYPTOCURRENCY & PRECIOUS METALS ETF","XES":"SPDR S&P Oil & Gas Equipment & Services ETF","USOI":"ETRACS Crude Oil Shares Covered Call ETN","SLV":"白银ETF-iShares","USE":"USCF Energy Commodity Strategy Absolute Return Fund","BNO":"美国布伦特原油基金有限合伙企业","SIL":"Silver Miners Etf","FTXN":"First Trust Nasdaq Oil & Gas ETF","IEO":"iShares Dow Jones U.S. Oil & Gas","DRLL":"Strive U.S. Energy ETF","GOAU":"U.S. Global GO GOLD and Precious Metal Miners ETF","DIG":"二倍做多美国油气指数"},"translate_title":"油价宽松、美元走软提振金属，黄金反弹，白银飙升 - Kitco PM 报告","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XOP":1.5,"IEO":1.5,"PXJ":1.5,"DIG":1.5,"PICK":1.5,"SIL":1.5,"SLV":1.5,"AGQ":1.5,"USOI":1.5,"WTIU":1.5,"SILJ":1.5,"FTXN":1.5,"USO":1.5,"DUG":1.5,"XES":1.5,"ZSL":1.5,"CEF":1.5,"ERX":1.5,"XLE":1.5,"OIH":1.5,"GOLY":0.9,"PSLV":1.5,"DRLL":1.5,"USE":1.5,"XME":1.5,"UGA":1.5,"FBZ":1.5,"GBUG":1.5,"GUSH":1.5,"KSLV":1.5,"DBE":1.5,"BWET":1.5,"DRIP":1.5,"OILK":1.5,"OILT":1.5,"SIVR":1.5,"DBC":1.5,"BEGS":1.5,"OILU":1.5,"VDE":1.5,"PXE":1.5,"BNO":1.5,"SLVR":1.5,"IXC":1.5,"DBO":1.5,"GLTR":1.5,"USL":1.5,"UGL":0.87,"GOAU":1.5,"SLVP":1.5},"content_text":"(Kitco NewsWire) - Spot gold and silver prices are higher in late-afternoon U.S. trading Thursday, as crude oil prices pulled back, Treasury yields eased and the U.S. dollar weakened after Wednesday’s Fed-minutes and Hormuz-driven selloff. At the time of writing, spot gold was trading near $4,120.80 an ounce, up 1.13%, while spot silver was trading near $59.95, up 2.82% on the session.Gold’s session range was $4,053.60 to $4,134.90, leaving the metal back above the $4,100 area but still below the $4,162 to $4,214 resistance zone that capped the latest rebound. Silver’s session range was $57.47 to $60.62, with the metal recovering the $60.00 area after Wednesday’s break but still below the $61.00 to $62.00 resistance band.Positioning after last Thursday’s June employment report and Wednesday’s Fed minutes remains two-sided. Payrolls rose 57,000 in June, the unemployment rate held at 4.2% and April and May payrolls were revised down by a combined 74,000, initially supporting gold by reducing confidence in another near-term Fed hike. The Fed minutes then showed several officials were still concerned enough about inflation to keep a September hike in play, but Thursday’s jobless claims data pointed to a labor market cooling through slower hiring rather than rising layoffs.The 10-year Treasury yield eased toward 4.53% after reaching a seven-week high near 4.60% Wednesday, while the 2-year yield slipped toward 4.16% and DXY fell back below 101.00. That gave metals room to rebound, although the rate path remains capped by next week’s CPI report.The Strait of Hormuz situation is best characterized as open transit under elevated military and shipping risk, not a confirmed chokepoint closure. U.S. strikes on Iranian targets have continued, and Iran has retaliated against regional targets, but there has been no naval blockade and reports of Iranian tankers moving crude through the strait helped cool the oil-risk premium. Brent crude fell back below $76 a barrel and WTI traded near $71 as traders priced a lower probability of an immediate supply disruption. For gold, the shift was supportive because lower oil reduced the inflation impulse that had lifted yields and the dollar Wednesday. For broader markets, the trade moved from oil bid and bonds under pressure to oil offered, yields lower, dollar softer and precious metals firmer.Traders are watching next week’s CPI release, Fed Chair Kevin Warsh’s congressional testimony and any renewed disruption to Hormuz shipping lanes. A cooler CPI print would reduce September hike risk and give gold a cleaner path to test the $4,162 to $4,214 resistance zone, while a fresh oil spike would bring the inflation-rate channel back into focus.The key outside markets see Nymex WTI crude oil prices lower and trading around $71.00 a barrel, while Brent crude was near $75.50. The U.S. dollar index is lower and trading near 100.80. The yield on the benchmark 10-year U.S. Treasury note is trading near the 4.53% area.Technically, spot gold bulls' next upside price objective is to push prices back above the $4,162.36 to $4,214.34 resistance zone, with a sustained move targeting the 50-day moving average at $4,362.63. Bears' next near-term downside price objective is a break below $4,041.65, with deeper downside targets at $3,942.10 and then $3,886.46. First resistance is seen at $4,162.36 and then at $4,214.34. First support is seen at $4,072.40 and then at $4,041.65.Spot silver bulls' next upside price objective is to drive prices back above $59.44 and then $63.28, with a move above that level targeting the 200-day moving average at $70.06 and then the 50-day moving average at $70.53. The next downside price objective for the bears is a break below $58.53, with deeper downside targets at $55.60 and then $50.00. First resistance is seen at $59.44 and then at $63.28. Next support is seen at $58.53 and then at $55.60.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.45.2","shortVersion":"4.45.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2650972261","isCrawlerRequest":true}