News by CNBC TV18 on TradingView, 2026-10-19 — cnbctv:8dd84d74f094b:0 - TradingView

AI desk brief

Gold and silver edged higher on Oct. 19, with COMEX gold up 0.30% to $4,193.60/oz and silver up 0.51% to $57.60/oz, as safe-haven demand and lower U.S. Treasury yields offset lingering inflation and Fed-tightening concerns. Gold printed an intraday high of $4,208.40/oz, while silver touched $57.655/oz.

The piece says geopolitics, including Strait of Hormuz tensions, softer U.S. yields and a weaker dollar were the main supports, while a hotter-than-expected U.S. PPI keeps rate expectations a live risk for bullion. In India, the rupee’s move to around 94.8 per dollar from 96.8 helped cut landed bullion costs, amplifying the drop in MCX prices last week; one market source said gold could extend toward $4,200/oz if the rebound holds, while silver needs to stay above $56.30/oz to target $58.50/oz.