Precious metals prices today 5/5/2026: Global gold and silver fall while palladium and platinum remain mixed amid Middle East–driven USD support

As of 5/5/2026, the latest 24-hour market picture for precious metals shows broad weakness in several global quotes, with gold and silver declining, while palladium and platinum move in a more mixed pattern.

Global gold is quoted at 5,861.5 USD/lb. Compared with 1 day ago (5,984.5), gold is lower; compared with 7 days ago (5,978), it is also slightly down. A 30-day comparison is not provided in the data.

Palladium is at 1,497 USD/oz. It is down versus 1 day ago (1,546.1) but higher versus 7 days ago (1,469). A 30-day comparison is not provided.

Platinum is at 1,955.4 USD/oz. It falls versus 1 day ago (2,011.9) but remains slightly higher than 7 days ago (1,947.2). A 30-day comparison is not provided.

Global silver is quoted at 73.075 USD/oz. It is lower versus 1 day ago (76.431) and also slightly down versus 7 days ago (73.66). A 30-day comparison is not provided.

News context over the past 24 hours highlights that gold prices eased, with reports citing roughly 2% decline as Middle East risk supported the US dollar (USD). Multiple outlets also noted that gold prices were mixed across domestic and global markets, including reports that prices were up slightly after a long holiday period, while global prices fell sharply amid escalating US–Iran tensions.