Two Things Are Hitting Gold Simultaneously. Only One of Them Is About Gold.

Gold and silver are under pressure from two directions at once: chip stocks dragging metals down through forced liquidation, and Friday’s PCE print keeping buyers on the sidelines. Here’s the mechanism.
Why Gold Is Falling Today — And Why $4,500 Is Holding.

A 0.23% drop on May 26 brought gold to $4,500.32 — sitting exactly on its support level. The cause — stalled Iran talks, a hardening Fed, a stronger dollar — is real but temporary. The structural floor at $4,500, built on record-low consumer sentiment and PCE inflation running at 4.5%, tells a different story.
