On Tuesday gold was $4,546.80 as silver fell to $73.30
NewsBytes | May 5, 2026 11:39 AM CST
Central banks tightening caps gold silver
Rising energy costs are fueling inflation fears worldwide, so central banks are tightening policies, which is capping gold's and silver's gains.
Kaynat Chainwala from Kotak Securities pointed out that the US Fed's tough stance means rate cuts aren't coming soon, keeping both metals near one-month lows.
Analysts expect gold to hover between $4,500 and $4,850 and silver between $71 and $80 for now as uncertainty continues.
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