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BusinessFading · day 7

Gold and silver prices steady ahead of U.S.-China summit

Precious metals hold ground as investors weigh geopolitical tensions and trade negotiations.

What to know

  • The Fed's first rate hike in three years was quickly priced in by the market, with both gold and silver stabilizing despite initial declines.
  • Saudi Arabia's East-West pipeline restoration eased inflation concerns and supported broader commodity recovery.
  • Silver surged to a weekly high of $67.89 following the rate decision, while gold remained anchored by record Chinese imports.
  • Geopolitical tensions with Iran and upcoming U.S.-China trade negotiations are key factors keeping precious metals volatile but relatively stable.

“The Fed's decision to raise rates for the first time in three years, combined with the ongoing restoration of Saudi Arabia's key East-West pipeline, has prompted inflation concerns to fade among investors.”

Yahoo Finance · Yahoo Finance ↗ · Sep 17

Federal Reserve Central bankChina Major gold importerSaudi Arabia Oil producer

Gold and silver prices steady ahead of U.S.-China summit
Yahoo Finance

How it unfolded 5 developments, newest first · click a bar or a number to jump articles

Peak 2 pieces in two hours at Sep 17, 6 AM; 10 pieces over 7 days (10 articles) Sep 17, 6 AM — 2 pieces · 2 articles — Newswires 2Sep 17, 8 AM — quietSep 17, 10 AM — quietSep 17, 12 PM — quietSep 17, 2 PM — quietSep 17, 4 PM — quietSep 17, 6 PM — quietSep 17, 8 PM — quietSep 17, 10 PM — quietSep 18, 12 AM — quietSep 18, 2 AM — quietSep 18, 4 AM — quietSep 18, 6 AM — 1 piece · 1 article — Newswires 1Sep 18, 8 AM — quietSep 18, 10 AM — quietSep 18, 12 PM — quietSep 18, 2 PM — quietSep 18, 4 PM — quietSep 18, 6 PM — quietSep 18, 8 PM — quietSep 18, 10 PM — quietSep 19, 12 AM — quietSep 19, 2 AM — quietSep 19, 4 AM — quietSep 19, 6 AM — quietSep 19, 8 AM — quietSep 19, 10 AM — quietSep 19, 12 PM — quietSep 19, 2 PM — quietSep 19, 4 PM — quietSep 19, 6 PM — quietSep 19, 8 PM — quietSep 19, 10 PM — quietSep 20, 12 AM — quietSep 20, 2 AM — quietSep 20, 4 AM — quietSep 20, 6 AM — quietSep 20, 8 AM — quietSep 20, 10 AM — quietSep 20, 12 PM — quietSep 20, 2 PM — quietSep 20, 4 PM — quietSep 20, 6 PM — quietSep 20, 8 PM — quietSep 20, 10 PM — quietSep 21, 12 AM — quietSep 21, 2 AM — quietSep 21, 4 AM — quietSep 21, 6 AM — quietSep 21, 8 AM — 2 pieces · 2 articles — Newswires 2Sep 21, 10 AM — quietSep 21, 12 PM — quietSep 21, 2 PM — quietSep 21, 4 PM — quietSep 21, 6 PM — quietSep 21, 8 PM — quietSep 21, 10 PM — quietSep 22, 12 AM — 1 piece · 1 article — Google News 1Sep 22, 2 AM — 1 piece · 1 article — Google News 1Sep 22, 4 AM — 1 piece · 1 article — Newswires 1Sep 22, 6 AM — quietSep 22, 8 AM — quietSep 22, 10 AM — quietSep 22, 12 PM — quietSep 22, 2 PM — quietSep 22, 4 PM — quietSep 22, 6 PM — quietSep 22, 8 PM — quietSep 22, 10 PM — quietYesterday, 12 AM — quietYesterday, 2 AM — quietYesterday, 4 AM — quietYesterday, 6 AM — 2 pieces · 2 articles — Newswires 2Yesterday, 8 AM — quietYesterday, 10 AM — quietYesterday, 12 PM — quietYesterday, 2 PM — quietYesterday, 4 PM — quietYesterday, 6 PM — quietYesterday, 8 PM — quietYesterday, 10 PM — quietToday, 12 AM — quiet 12345
Sep 18Sep 19Sep 20Sep 21Sep 22yesterdaynow · 2:56 AM ET
  1. 5

    Gold and silver hold steady as investors assess China and Iran relations

    Gold and silver prices settled as the market weighed geopolitical relationships with China and Iran ahead of the U.S.-China summit.

    1. 1 outlet first by Yahoo Finance, 19h ago · read ↗

  2. 4

    China sets record gold imports

    Chinese gold imports reached record levels as the country continued to accumulate the precious metal, providing support for gold prices.

    1. first by CNBC, 2d ago · also Yahoo Finance

      1 more headline
  3. 3

    Silver prices rise ahead of U.S.-China summit

    Silver prices moved higher in anticipation of the upcoming U.S.-China summit, as investors positioned for potential trade developments.

  4. background

    Gold prices slip on Middle East tensions — Gold prices declined as Middle East tensions weighed on investor sentiment on Monday, September 21.

  5. 2 days quiet
  6. 2

    Silver prices surge, breaking out of $63-64 range

    Silver prices recovered quickly after the rate hike, hitting a weekly high of $67.89 per ounce, well above the $63-64 range where prices had bounced around previously.

    “Silver prices surged this morning, reaching $67.47 as of 7:05 a.m. ET.”
    — Yahoo Finance
    1. first by Yahoo Finance, 5d ago

  7. 1

    Oil prices fall sharply on Saudi pipeline restoration reports

    Reports that Saudi Arabia's damaged East-West pipeline will be restored soon prompted oil prices to drop from nearly $108 a barrel to just under $100.

    “It appears gold investors priced in a rate hike earlier this week as gold prices remain steady following the Fed's decision to raise rates for the first time in three years.”
    — Yahoo Finance · source
  8. background

    Fed raises rates for first time in three years — The Federal Reserve raised interest rates for the first time in three years, triggering initial selloffs in both gold and silver as investors repriced assets.

Also covered reported alongside — the timeline has no entry for these yet

  1. first by Yahoo Finance, 2d ago

    1 more headline
  2. first by Yahoo Finance, 6d ago

    1 more headline