Silver Rises Over 120% YTD  Invest Now  arrow small top right

close

Gold Price Outlook: Oil Futures Disagree With Stock Markets

Gold bars in the foreground with a blurred financial trading terminal displaying price charts in the background, illustrating the gold price outlook amid oil futures divergence in 2026.

The World Gold Council’s April commentary carries a loaded title: “The Return of Transitory.” It’s a warning — equity markets have priced the Iran-Hormuz crisis as a passing shock, but oil futures are pricing a 22–25% premium over pre-crisis levels through year-end. One of those markets is wrong, and that gap is the most important signal in gold right now.

Gold Price and the Jobs Report: A Pre-Market Guide

Exterior of the Frances Perkins Building, headquarters of the United States Department of Labor in Washington D.C., where the monthly nonfarm payrolls report is published.

Economists expect just 49,000 jobs on May 8 — down from 178,000 prior. Before the number drops, here are the three scenarios every gold investor needs to understand, and what each one means for gold price.

PCE at 3.5%, GDP Miss: Why This Is Bullish for Gold

Central bank committee room with one empty chair at the table — what PCE at 3.5% means for gold investors as four central banks hold rates amid stagflation signals

PCE inflation hit 3.5% in March — the highest since May 2023 — while Q1 GDP grew just 2.0%, missing the 2.2% forecast. Four central banks held rates the same morning, with two signalling they discussed hikes. When growth slows and inflation stays hot, the Fed is trapped. That trap has historically been the strongest environment for physical gold and silver.

What’s Driving Gold Prices? Oil, PMI, and Newmont

Oil tanker navigating a narrow strait at sunset with dramatic storm clouds — Strait of Hormuz blockade impact on gold prices

Five market stories from April 23, 2026 — and what they mean for gold and silver holders. From Trump’s Hormuz escalation to Newmont’s cost data, each brief connects today’s news to the structural case for holding physical precious metals.

Mary

Samantha is wonderful. I was nervous about spending a chunk of money. I asked her to `hold my hand’ and walk me through making my purchase.  
She laughed and guided me through, step by step. She was so helpful in explaining everything... 

A. Howard

Travis was amazing! I was having difficulty with a wire transfer of my life’s savings, and I was very worried that I might not be able to receive it all. My husband just passed away and I’ve been worried about these funds along with grieving for 8 months. As soon as I got connected with Travis, my concerns were immediately addressed and he put me at ease. The issue was resolved within days. He even called me back with updates to keep me in the loop about what was going on with the funds. I am so grateful for a customer representative like Travis. He really cares for his clients.

Sam was also very helpful! I called and was connected to Sam within 30 seconds. She helped me with a fee that was charged to my account. She had a great attitude and took care of the fee quickly.

talk to us

Get in Touch with GoldSilver Experts

    Michael G.

    Outstanding quality and customer service. I first discovered Mike Maloney through his “Secrets of Money” video series. It was an excellent precious metals education. I was a financial advisor and it really helped me learn more about wealth protection. I used this knowledge to help protect my clients retirements. I purchase my precious metals through goldsilver.com. It is easy, fast and convenient. I also invested my IRA’s and utilize their excellent storage options. Bottom line, Mike and his team have earned my trust. I continue to invest in wealth protection and my own education. I give back and help others see the opportunities to invest in precious metals. Thank you.