Gold (XAU/USD) & Silver Price Forecast: Fed Tightening Keeps Metals Under Pressure - FXEmpire

AI desk brief

Gold and silver are pressured by the Fed’s hawkish tilt, with markets pricing further tightening and a terminal rate around 5.00%-5.25%, while rising real-yield expectations continue to cap non-yielding metals. Near term, the article frames the backdrop as neutral to bearish despite some support from softer Treasury yields and safe-haven demand from Middle East tensions.

Gold has broken below $4,334 and is trading around $4,317, with $4,301 the next key support; below that, downside opens to $4,270 and possibly $4,235. Silver has lost $65.64 and is near $65.29, with $64.44 now the critical support and a break there pointing toward $63.47 and $62.35; upside only improves if price reclaims the bearish trendline and $67.24.