🥇 Gold Mornings← All issues
Silver $58.99 Β· Gold steadies after two-month low; Fed rate outlook in focus ‌ ‌ ‌ ‌ ‌
🥇
Gold Mornings
Your weekday morning read on gold, metals and miners.
Issue #78 Β· Thursday, October 8, 2026
Gold volatility (GVZ)  Cautious Β· 23.4  β–² from 23.0 yesterday
Gold holds steady near two-month lows while silver drops sharply; miner stocks fall as traders assess Fed rate signals amid geopolitical tensions.
 
 

●  The Numbers

Gold$4,144.60  +0.09%
-1.37% this week
Silver$58.99  -1.53%
-2.87% this week
Platinum$1,653.50  +1.24%
-3.05% this week
Palladium$1,128.50  +1.11%
-3.45% this week
Copper$6.63  +0.49%
+2.27% this week

●  The Movers

Leaders

PL=F Platinum+1.24%
PA=F Palladium+1.11%
HG=F Copper+0.49%

Laggards

B Barrick Mining-3.78%
GDX Gold Miners ETF-3.13%
AEM Agnico Eagle-3.03%

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 ($4,374.40) and 200-day ($4,549.22) averages β€” the longer-term trend reads as down. 30-day range $4,140.70–$4,664.00; currently in the lower third of that range. RSI(14) 20 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

 Gold steadies after two-month low; Fed rate outlook in focus

Gold stabilized after sliding to a two-month low as traders reassess expectations for Federal Reserve interest-rate decisions. Rate direction is a key driver of precious-metals demand. (Investing)

 Chile copper mines face 5% production risk from labor, weather

Labor disputes, weather, safety hazards, and geological challenges threaten up to 5 percent of output from Chile's major copper mines, a new study warns. Chile is the world's largest copper producer. (Mining.com)

 Bond market squeeze weighs on Wall Street, markets tense

Treasury bond markets face tightening conditions that are pressuring broader financial markets. Rising bond yields can affect precious-metals demand and mining company valuations. (Investing)

 Oil surges as Middle East shipping attacks threaten supply

Oil prices jumped on renewed concerns over Middle East supply disruptions from shipping attacks. Geopolitical supply risks traditionally boost safe-haven demand for gold and precious metals. (Investing)

Partner

How a gold IRA works

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

Learn how a gold IRA works

Metals 101

What is GLD?

The largest gold ETF β€” a fund that holds physical gold so you can get exposure through a single ticker, without storing bars yourself. Its huge holdings are watched as a gauge of investor demand.

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