🥇 Gold Mornings← All issues
Silver $62.24 Β· Central bankers reaffirm gold's reserve status despite bond yields ‌ ‌ ‌ ‌ ‌
🥇
Gold Mornings
Your weekday morning read on gold, metals and miners.
Issue #75 Β· Monday, October 5, 2026
Gold volatility (GVZ)  Cautious Β· 23.2  β–Ό from 23.3 yesterday
Gold and silver both rose today while miners gained modestly; central banks reaffirm gold's reserve role despite higher bond yields.
 
 

●  The Numbers

Gold$4,189.00  +0.64%
+0.49% this week
Silver$62.24  +3.78%
+1.67% this week
Platinum$1,745.20  +3.68%
+1.39% this week
Palladium$1,181.50  +1.76%
-2.34% this week
Copper$6.62  +1.91%
+0.76% this week

●  The Movers

Leaders

SI=F Silver+3.78%
PL=F Platinum+3.68%
HG=F Copper+1.91%

Laggards

B Barrick Mining+0.32%
GC=F Gold+0.64%
NEM Newmont+0.78%

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 ($4,368.64) and 200-day ($4,552.65) averages β€” the longer-term trend reads as down. 30-day range $4,162.30–$4,697.80; currently in the lower third of that range. RSI(14) 35 β€” momentum weak.

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

 Central bankers reaffirm gold's reserve status despite bond yields

Central bank officials stated gold retains key reserve importance even as Treasury yields have climbed, reflecting ongoing institutional demand for the metal as a safe-haven asset. (Investing)

 Gold steadies after weekly slide as jobs data ease Fed hike bets

Weaker employment data reduced expectations for additional Federal Reserve interest-rate hikes, supporting gold prices after a prior decline this week. (Investing)

 Mining stocks fall $264 billion; gold trade unwinds, lithium exits top 50

The top 50 mining companies suffered significant losses as gold-related positions unwound and lithium producers exited the ranking during the second-worst month on record. (Mining.com)

 Middle East oil exports recover to pre-war levels despite tanker attacks

Regional crude exports have rebounded to pre-conflict volumes, though increased shipping attacks in the corridor continue to create supply-route risk and geopolitical uncertainty. (Investing)

Partner

The charts we read every morning

TradingView is the charting platform a lot of "The Read" leans on β€” live gold, silver and miner charts, screeners and alerts. New to it? This link puts $15 toward a paid plan.

Try TradingView β†’

Metals 101

What is COMEX?

The New York exchange where most gold and silver futures trade. Its most-active contracts set the headline price moves you see quoted for the metals each day.

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.

Forwarded this email? Get your own free β†’

New to gold? Why invest in gold β†’

Part of the Mornings family from SolutionC LLC  ·  Stock Mornings  ·  Coin Mornings  ·  ▶ YouTube

goldmornings.com

← All issues  ·  goldmornings.com