Silver prices this week, October 12-16: Market awaits US inflation data and signals from the Fed. - Vietnam.vn

AI desk brief

Silver was mixed last week: Phu Quy silver bars in Vietnam slipped about 0.5% to VND 56.427m/kg bid and VND 58.160m/kg ask, while spot silver recovered 0.68% w/w to $60.83/oz and COMEX Dec-26 gained 1.79% to $61.05/oz. Shanghai Dec-26 silver fell 6.03% to CNY 14,717/kg, underscoring a fragmented market and cautious investment demand.

The report says the U.S. dollar stayed firm and U.S. bond yields remained elevated, with Fed minutes still signaling caution on inflation. Year to date, the cited silver contracts are all still lower, pointing to a market that remains vulnerable to real-yield and USD pressure despite brief rebounds.