Welcome to our weekly precious metals roundup. Over the past week, gold traded around the $4,500 mark on international markets, as Middle East tensions and safe-haven demand pulled against a strong dollar, high bond yields and lingering inflation worries. Below is a summary of the most important developments of the past week and what they mean for the Estonian investor.<\/p>\n
Internationally, gold moved around $4,540 per ounce over the week and silver around $75 per ounce (USD, Kitco data, 30 May 2026). These are dollar prices on the international market \u2014 for an Estonian buyer, what matters is the euro price plus premium, which also depends on the EUR\/USD exchange rate.<\/p>\n
By our own data, as of 1 June 2026 a physical 1-ounce investment gold coin costs roughly \u20ac4,030\u20134,090 (for example, the 1 oz Austrian Philharmonic gold coin<\/a> at about \u20ac4,032 and the 1 oz Canadian Maple Leaf gold coin<\/a> at about \u20ac4,092), while a 1-ounce silver coin costs around \u20ac93 (for example, the 1 oz Austrian Philharmonic silver coin<\/a> and the 1 oz Canadian Maple Leaf silver coin<\/a>).<\/p>\n What does this mean in practice? The week’s swings show that short-term timing is difficult \u2014 the price reacts at once to geopolitics, the dollar and interest-rate expectations. Physical precious metals have historically been a long-term asset rather than a short-term speculation, and the euro price may not move exactly in lockstep with the dollar price. Anyone weighing a purchase might keep an eye on both the international price and the EUR\/USD rate, and work from their own time horizon.<\/p>\n This article is for informational purposes only and does not constitute investment advice or a solicitation to buy or sell precious metals. Precious metal prices fluctuate. Before making any investment decision, consider your own circumstances and consult a specialist if necessary.<\/em><\/p>\n Goldman & Sons editorial team<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" Gold swung around $4,500 last week, caught between US\u2013Iran tensions and a strong dollar, while silver ETFs drew fresh inflows. Here is what it means for an Estonian investor.<\/p>\n","protected":false},"author":1,"featured_media":3241,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[129],"tags":[],"class_list":["post-3252","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-turu-uudised"],"acf":[],"_links":{"self":[{"href":"https:\/\/goldmansons.ee\/en\/wp-json\/wp\/v2\/posts\/3252","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goldmansons.ee\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goldmansons.ee\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goldmansons.ee\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goldmansons.ee\/en\/wp-json\/wp\/v2\/comments?post=3252"}],"version-history":[{"count":0,"href":"https:\/\/goldmansons.ee\/en\/wp-json\/wp\/v2\/posts\/3252\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/goldmansons.ee\/en\/wp-json\/wp\/v2\/media\/3241"}],"wp:attachment":[{"href":"https:\/\/goldmansons.ee\/en\/wp-json\/wp\/v2\/media?parent=3252"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goldmansons.ee\/en\/wp-json\/wp\/v2\/categories?post=3252"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goldmansons.ee\/en\/wp-json\/wp\/v2\/tags?post=3252"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}