Gold futures fell for a second consecutive session, dropping to a 1.5-week low as a strengthening U.S. dollar and rising Treasury yields created significant headwinds for precious metals. While Gold futures recovered slightly from their intraday lows in the 4,100 handle, they remained under notable pressure on a closing basis. The U.S. dollar index climbed to 100.8, marking its highest level in several months, while short-term yields continued to move higher. This combination weighed heavily across the broader metals complex, with Silver, Platinum, and Palladium also experiencing downward pressure, while Aluminum managed to display independent strength. Dan Deming of KKM Financial breaks down the current price action, key technical support levels including the recent closing low near 4,114, and the macroeconomic factors driving the market.
FOLLOW THE MARKETS
Most Recent

CME Group is the world’s leading derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). 
Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.

© 2026 CME Group Inc. All rights reserved.