Precious Metals Price Update: Gold, Silver, PGMs Trade Sideways on High-Stakes US-Iran Stalemate
Source: Investing News Network
2026-04-22 16:10:00 ET
Precious metals prices are trading sideways as the US and Iran find themselves in a high-stakes stalemate and the US Fed Chair confirmation hearings strike a hawkish tone.
The price action for the precious metals complex just can’t seem to shake out of the grip of Middle East conflict and the unclear direction of US Federal Reserve interest rates .
However, investor sentiment is clearly on the side of the bulls as prices for gold, silver, platinum and palladium remain resilient in the face of such global-wide market uncertainty.
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Precious Metals Price Update: Gold, Silver, PGMs Trade Sideways on High-Stakes US-Iran Stalemate
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