📉Gold drops 1.5% as rising oil pressures precious metals

A nearly 3% increase in oil futures today is putting pressure on precious metals prices and supporting ongoing profit-taking after the recent rebound in the metals market. Yields on U.S. Treasuries are rising today by more than 2 basis points for both 10-year and 5-year bonds. The U.S. dollar index has had a “strong” run, rebounding from 98 to 98.55 over the past several hours.

GOLD, SILVER, OIL charts (H1)

Gold has pulled back from nearly $4,900 to $4,600 per ounce, and it appears that if this trend continues, levels around $4,300–$4,400 per ounce cannot be ruled out.

Source: xStation5

Silver has declined by 12% from its local highs and is hovering near $73 per ounce - about 40% below the $120 per ounce seen at the turn of January and February.

Source: xStation5

Oil prices have dropped from around $112 to approximately $103.7 per barrel, following a strong rebound from about $83 per barrel. The 71.8 Fibonacci level now appears to be acting as a significant resistance.

Source: xStation5

1 July 2026, 11:33 AM

The defense industry is recouping losses - is this a trend change?

1 July 2026, 10:50 AM

Cocoa prices are rising again. Will chocolate become even more expensive?

1 July 2026, 10:39 AM

Chart of the day: Gold Below Psychological $4,000 Level as Rate Hike Fears Deepen 🟡 📉(01.07.2026)

1 July 2026, 10:07 AM

Market Wrap: Defence stocks rebound, European indices hover at all-time high 🔼 Rheinmetall gains 4%

Commodities

Cookie name	Description
SERVERID
userBranchSymbol	Expiration date 1 day
test_cookie	Expiration date 1 hour
adobe_unique_id	Expiration date 364 days
__hssc	Expiration date 1 hour
SESSID	Expiration date 1 day
__cf_bm	Expiration date 1 hour
intercom-id-iojaybix	Expiration date 270 days
intercom-session-iojaybix	Expiration date 6 days
xtbCookiesSettings	Expiration date 364 days
TS5b68a4e1027
countryIsoCode
xtbLanguageSettings	Expiration date 364 days
userPreviousBranchSymbol	Expiration date 364 days
intercom-device-id-iojaybix	Expiration date 270 days
__cfruid
_cfuvid

Cookie name	Description
_gid	Expiration date 1 day
_gat_UA-98728395-1	Expiration date 1 hour
_gat_UA-121192761-1	Expiration date 1 hour
_gcl_au	Expiration date 89 days
_ga_CBPL72L2EC	Expiration date 729 days
_ga	Expiration date 729 days
__hstc	Expiration date 179 days
__hssrc
_vwo_uuid_v2	Expiration date 365 days
_ga_TC79BEJ20L	Expiration date 729 days
_vwo_uuid	Expiration date 365 days
_vwo_ds	Expiration date 29 days
_vwo_sn	Expiration date 1 hour
_vis_opt_s	Expiration date 99 days
_vis_opt_test_cookie
af_id	Expiration date 394 days
afUserId	Expiration date 730 days
AF_SYNC	Expiration date 6 days
AnalyticsSyncHistory	Expiration date 29 days

Cookie name	Description
MUID	Expiration date 389 days
_omappvp	Expiration date 3998 days
_omappvs	Expiration date 1 hour
_uetsid	Expiration date 1 day
_uetvid	Expiration date 389 days
_fbp	Expiration date 89 days
fr	Expiration date 89 days
_ttp	Expiration date 89 days
_tt_enable_cookie	Expiration date 89 days
hubspotutk	Expiration date 179 days
IDE	Expiration date 389 days
YSC
VISITOR_INFO1_LIVE	Expiration date 179 days
li_sugr	Expiration date 89 days
guest_id_marketing	Expiration date 729 days
guest_id_ads	Expiration date 729 days
guest_id	Expiration date 729 days
muc_ads	Expiration date 729 days
VISITOR_PRIVACY_METADATA	Expiration date 179 days
MSPTC	Expiration date 389 days

Cookie name	Description
bcookie	Expiration date 364 days
lidc	Expiration date 1 day
UserMatchHistory	Expiration date 29 days
bscookie	Expiration date 364 days
li_gc	Expiration date 179 days
personalization_id	Expiration date 729 days