The US Dollar Index (DXY) has climbed above 100 to a 13-month high, weighing on dollar-priced metals and reshaping the debate over gold, silver and copper into the end of 2026. According to BeInCrypto, expectations the Federal Reserve will hold rather than cut rates in 2026 are keeping real yields firm and the dollar bid.
Gold has traded in a falling channel since late January after peaking near $5,608, with key levels at $4,027 and $4,400; Goldman Sachs cut its year-end target to $4,900 on June 19 while JPMorgan sees $6,000. Silver remains in a falling channel but is building a double bottom, while copper has stalled near record levels amid an emerging double top; bank targets range from JPMorgan near $12,075 a tonne to Citi near $15,000.
Dollar at 13-Month High Pressures Gold, Silver, and Copper Into End-2026
2026-06-23 16:52:47
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