Gold, silver rates today: Comex gold reclaims $4,000/oz; silver rebounds by $1/oz as US dollar softens (opens original article in a new tab)
Gold and silver prices rebounded on June 25 as US dollar weakened and inflation data eased rate hike concerns, though both metals remained lower for the month.
- Gold and silver prices rebounded on June 25 after falling to multi-month lows
- Comex gold futures rose $44 to reclaim $4,000/oz but remained down 8% in June
- Silver futures gained $1/oz but traded below $60, with June losses at 23%
- US inflation data led to cautious optimism about Federal Reserve rate hikes
- US dollar weakened after inflation data, making bullion cheaper for overseas buyers
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