Gold and silver faced another volatile week as the U.S. bond market remained a major headwind for precious metals, with rising Treasury yields and a stronger dollar weighing on prices. A weak U.S. jobs report briefly supported gold and silver before renewed pressure from rising yields erased much of the move. Morgan Stanley’s Amy Gower noted that gold continues to hold above $4,000 despite these challenges, supported by central bank buying, Chinese demand, and growing ETF holdings. Meanwhile, Rebecca Walser told Bloomberg that gold remains a key barometer of the dramatic expansion in global money supply. Learn more about the forces shaping gold and silver markets and what investors are watching next.
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Posted: October 03, 2026Categories: Gold & Silver NewsRead more »
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Gold and silver markets faced another eventful week as rising bond yields, mounting debt costs, and shifting global demand kept investors focused on precious metals. Silver finished the week near $64.29 per ounce, while gold closed around $4,285 as higher interest rates continued to pressure financial markets. Meanwhile, China remains a major source of physical gold demand, with imports reportedly on pace to exceed 1,500 metric tons this year. At the same time, eligible gold inventories in COMEX warehouses have fallen sharply, with roughly 4 million ounces reportedly leaving in recent weeks. What could rising yields, strong Chinese demand, and declining COMEX inventories mean for gold and silver markets? Watch the full market update to learn more.
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