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Silver $64.13 Β· Bonds sell off, lifting Treasury yields higher ‌ ‌ ‌ ‌ ‌
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Gold Mornings
Your weekday morning read on gold, metals and miners.
Issue #68 Β· Thursday, September 24, 2026
Gold volatility (GVZ)  Cautious Β· 22.8  β–Ό from 23.4 yesterday
Worth noting  Gold crossed below $4,300 since yesterday.
Gold and silver edged lower as bond yields rose and oil extended gains; gold miners fell sharply amid cautious volatility.
 
 

●  The Numbers

Gold$4,298.70  -0.46%
-2.30% this week
Silver$64.13  -0.40%
-2.05% this week
Platinum$1,750.30  +0.26%
-2.29% this week
Palladium$1,270.50  +1.00%
-1.53% this week
Copper$6.79  +1.63%
+3.04% this week

●  The Movers

Leaders

HG=F Copper+1.63%
PA=F Palladium+1.00%
NEM Newmont+0.41%

Laggards

GDX Gold Miners ETF-4.36%
B Barrick Mining-3.17%
AEM Agnico Eagle-0.97%

The day's best and worst of the tracked metals and miners Β· day-over-day change.

●  The Read

Gold β€” description, not prediction

Trading below both its 50-day ($4,347.98) and 200-day ($4,555.54) averages β€” the longer-term trend reads as down. 30-day range $4,298.70–$4,697.80; currently in the lower third of that range. RSI(14) 24 β€” traditionally described as oversold.

See where every market sits on the daily page β†’

What's pushing gold today: the dollar & Treasury yields  on the Dollar & Yields page β†’

●  The Brief

 Bonds sell off, lifting Treasury yields higher

Bond prices declined significantly, pushing yields up. Rising yields typically reduce gold's appeal since they offer competing returns to non-yielding assets. (Investing)

 Oil gains extend as US-Iran diplomacy stalls

Crude prices continued climbing on skepticism about nuclear talks progress. Oil strength and geopolitical tension can shift safe-haven demand between commodities. (Investing)

 Gold pressured by higher yields and oil prices

Gold prices declined as stronger bond yields and rising oil competed for investor attention. The combination reflects shifting market risk appetite. (Investing)

 Tungsten West, Elmet sign $1.8B Hemerdon offtake

A major strategic-metals mine in Cornwall secured a long-term supply agreement, indicating renewed interest in domestic rare and critical metals production. (Mining.com)

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A plain, factual guide to holding physical gold in a retirement account: the eligible metals, rollovers and transfers, custodians, storage, and fees.

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Metals 101

Why is silver more volatile than gold?

Silver is a smaller market and has heavy industrial demand (electronics, solar), so it swings on both investment mood and the economy. It often moves further than gold in both directions.

β€œMetals mirror the dollar and the day's mood β€” a description, not a forecast.”

Gold Mornings is an educational digest for US readers. Nothing here is financial, investment, tax, or legal advice. Metals carry risk β€” you can lose money, and past performance does not predict future results. Some links may be affiliate links; we may earn a commission at no cost to you. Prices via Yahoo Finance, captured each morning before the US open.

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