25/06/2026
WEEKLY MARKET UPDATE 📈
Precious metal prices plunged overnight, with gold falling by more than USD $100 per troy ounce (oz), or close to 3%, with the price now back below USD $4,000oz.
Silver was even harder hit, falling by close to 7%, with the price breaking through the USD $60oz price point before stabilising between USD $57 and USD $57.50oz, where it is trading at the time of writing.
The moves occurred against a backdrop of a surging USD, expectations that the U.S. Federal Reserve will soon raise interest rates, a softening in overall U.S. equity markets, chaos in Asian stock markets, and a plunge in high-profile tech names (including the recently listed SpaceX).
Read the full Weekly Market Update: https://bit.ly/4g64MtG 📲