Gold, silver pressured despite lower yields as Hormuz attacks send crude higher - Kitco AM Report
Published . Updated .
(Kitco NewsWire) – Spot gold and silver prices were sharply lower in early U.S. trading Thursday, as renewed attacks on commercial shipping in the Strait of Hormuz and rising Middle East…
Directly affected
- No company is named in this report.
Indirectly affected
- FRO Frontline+1.5%
Tanker operators earn more when freight rates spike
- INSW International Seaways
Tanker operators earn more when freight rates spike
- DHT DHT Holdings
Tanker operators earn more when freight rates spike
- TNK Teekay Tankers
Tanker operators earn more when freight rates spike
- USO United States Oil Fund+0.9%
Tracks U.S. crude prices when Gulf supply is at risk
- XLE Energy Select Sector SPDR+4.9%
Energy companies move with a Gulf supply scare
- ZIM ZIM Integrated Shipping-1.9%
Container lines are exposed when a shipping lane is disrupted
- MATX Matson-5.7%
Container lines are exposed when a shipping lane is disrupted
- XOM Exxon Mobil+7.9%
Oil producers earn more when crude prices rise
- DAL Delta Air Lines-0.7%
Airlines pay more for fuel when oil prices jump
Price reaction, T-5 to T+3
Market Call
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Gold, silver pressured despite lower yields as Hormuz attacks send crude higher - Kitco AM Report Kitco
Source: Kitco
Trades by members of Congress and officials in the stocks in this story
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 52 days before publication. Filed 25 Sep 2026. View the filing.
- Donald J Trump, an executive branch official, bought ExxonMobil Holdings (XOM), worth $250,001 - $500,000 on 31 Jul 2026. That is 83 days before publication. Filed 22 Sep 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
The Strait of Hormuz count beside this story
Strait of Hormuz has 231 linked stories in the last 7 days and 231 in the last 30 on the page that also carries “Gold, silver pressured despite lower yields as Hormuz attacks send crude higher - Kitco AM Report.” The recent pace is rising.
How solid the energy case looks
12 out of 100
“Gold, silver pressured despite lower yields as Hormuz attacks send crude higher - Kitco AM Report” scores 12 out of 100. The score uses 1 sources.