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Gold, silver firm as Fed hold, Hormuz oil spike hit equities - Kitco PM Report

Barchart·07/29/2026 15:52:06
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(Kitco NewsWire) - Spot gold and silver prices are modestly higher in late-afternoon U.S. trading Wednesday, as the Federal Reserve held interest rates steady while rising oil prices, firm Treasury yields and a sharp equity selloff kept defensive demand in play. At the time of writing, spot gold was trading near $4,043.60 an ounce, up 0.12%, while spot silver was trading near $57.26, up 0.23% on the session.