Gold Holds Near Steady While Silver Declines Amid Oil Surge and Fed Pause Bets

Spot gold traded near 4167.90 dollars an ounce, little changed, while spot silver fell to 56.850 dollars, down 0.78%. Sharply higher crude prices and a modest rebound in Treasury yields offset support from a weaker dollar and safe-haven buying. Gold failed to hold gains toward 4200 as the tech-led equity selloff intensified and energy-driven inflation concerns resurfaced.