Gold, silver back in shine after crash: What drove the fall, why prices surge, what's next for investors? Explained - Livemint

AI desk brief

Gold and silver rebounded Thursday after three straight days of losses, with gold up 0.64% to $4,138.34/oz and silver up 0.37% to $55.944/oz after a 6.29% slump the prior day. The move was driven by softer Treasury yields, a weaker dollar, and renewed safe-haven demand as US equities sold off on hotter-than-expected inflation data.

The article cites September CPI at 3.7% y/y, which briefly pushed the 10-year Treasury yield above 5.3% and lifted Fed tightening expectations, but yields later retreated as investors moved into Treasuries. Focus now shifts to US PPI and retail sales, with the Oct. 27-28 Fed meeting and the path of the dollar, yields, and risk sentiment key for the next leg in gold and silver.