Live Spot Gold
Bid/Ask
3,316.903,318.90
Low/High
3,309.793,331.06
Change
+4.61+0.14%
30daychg
-8.52-0.26%
1yearchg
+941.29+39.62%
Silver Price & PGMs
(Kitco News, Thurs. July 10th, 2025) – Gold and silver prices are higher in early U.S. trading Thursday. A bit more risk aversion in the general marketplace is supporting the safe-haven metals. President Trump on Wednesday ratcheted up his trade tariff rhetoric, including late Wednesday saying he’ll put a 50% tariff on all copper imports, beginning August 1. Trump also said the U.S. may slap 50% tariffs on Brazil. August gold was last up $16.10 at $3,337.10. September silver prices were last up $0.43 at $37.06.
Asian and European stocks were mixed overnight. U.S. stock indexes are pointed to slightly weaker openings today in New York.
The key outside markets today see the U.S. dollar index slightly down. Nymex crude oil futures prices are slightly down and trading around $68.00 a barrel. The yield on the benchmark 10-year U.S. Treasury note is presently at 4.34%.
U.S. economic data due for release Thursday includes the weekly jobless claims report and the monthly chain store sales index.
Technically, August gold futures bulls have the overall near-term technical advantage. Bulls’ next upside price objective is to produce a close above solid resistance at $3,400.00. Bears’ next near-term downside price objective is pushing futures prices below solid technical support at $3,200.00. First resistance is seen at $3,340.00 and then at this week’s high of $3,355.60. First support is seen at the overnight low of $3,321.40 and then at $3,300.00.
September silver futures bulls have the overall near-term technical advantage but trading has turned choppy and sideways at higher levels recently. Silver bulls’ next upside price objective is closing prices above solid technical resistance at the June high of $37.73. The next downside price objective for the bears is closing prices below solid support at $35.00. First resistance is seen at the overnight high of $37.19 and then at this week’s high of $37.435. Next support is seen at this week’s low of $36.325 and then at $36.00.