⚡ Market Pulse
Indicative spot analysis News sentiment ⚖️ Neutral- Gold $4,048.55 (-2.0%, 24h) — oil shock is lifting rate fears and real yields; geopolitics isn't helping bullion today.
- Silver $52.05 (-4.3%, 24h) — the industrial beta is biting; higher oil, tighter-rate fears and 43.5% NY vol invite liquidation.
- Platinum $1,573.90 (-3.4%, 24h) — PGMs are joining the macro washout; this looks more like de-risking than metal-specific news.
This is the awkward regime where geopolitical stress hurts metals because oil feeds hawkish rate pricing faster than safe-haven demand can respond. Watch whether silver keeps underperforming gold; if it does, the market is trading real yields and liquidation, not refuge.
- Gold Struggles to Rally as Russia's Central Bank Bullion Drops to 2019 Level
- Gold price forecast: Central banks and Asian demand may drive prices to $5,000 - BusinessLine
- Gold, silver, platinum, and palladium rebound; platinum main contract rises for two consecutive days; precious metals sector strengthens; spot silver trading overall sluggish [SMM Flash] - Shanghai Metals Market
Saudi oil attacks send crude to five-month high, stoking Fed hike fears
Spot Metals Snapshot
Indicative spot midpoints in USD per troy ounce. Displayed prices are rounded to the nearest $0.05.
Silver spot
Platinum spot
Palladium spot
Quote as of: · indicative
Site collects spot prices every 15 seconds on weekdays · Source updates every 15 seconds. Collection pauses Saturday 00:00–Monday 00:00 UTC; the last available quotes remain dated and greyed out. During collection, quotes older than two minutes are withheld.
DICOR - Daily Interbank COntango Rate
Calculated by Limpid Markets from the market data collected - 2026-10-22 · Effective date 2026-10-22
Term DICORs (compounded in arrears)
| Tenor | XAU LDN | XAG LDN | XPT LDN | XPT ZUR | XPD LDN | XPD ZUR |
|---|---|---|---|---|---|---|
| DICOR | DICOR | DICOR | DICOR | DICOR | DICOR | |
| 1d | 4.06 | 4.06 | 2.19 | 3.63 | 4.04 | 3.84 |
| 1w | 4.04 | 4.01 | 2.19 | 3.60 | 3.89 | 3.82 |
| 1m | 4.25 | 4.21 | 1.82 | 3.36 | 3.80 | 3.82 |
| 2m | 4.17 | 4.15 | 2.33 | 3.31 | 3.65 | 3.65 |
| 3m | 4.13 | 4.13 | 2.68 | 3.40 | 3.56 | 3.58 |
| 6m | 4.09 | 4.10 | 3.03 | 3.11 | 3.35 | 3.30 |
| 12m | 4.37 | 4.11 | 2.02 | 1.74 | 2.05 | 2.45 |
Interbank Contango Rate
Estimated by Limpid Markets from the market data collected · Curve as of
Swap Rates (forward looking)
| Tenor | XAU LDN | XAG LDN | XPT LDN | XPT ZUR | XPD LDN | XPD ZUR |
|---|---|---|---|---|---|---|
| Swap Rate | Swap Rate | Swap Rate | Swap Rate | Swap Rate | Swap Rate | |
| 1D | 3.97 | 3.98 | 1.87 | 1.88 | 4.01 | 3.90 |
| 1W | 4.00 | 4.03 | 1.64 | 1.69 | 4.06 | 4.02 |
| 1M | 4.08 | 3.92 | 1.28 | 1.29 | 3.92 | 3.92 |
| 2M | 4.15 | 3.88 | 0.91 | 0.91 | 3.77 | 3.78 |
| 3M | 4.39 | 3.86 | 0.49 | 0.49 | 3.80 | 3.79 |
| 6M | 4.45 | 3.72 | -0.05 | -0.05 | 3.78 | 3.77 |
| 12M | 4.68 | 3.45 | -0.89 | -0.89 | 3.63 | 3.64 |
Collecting qualified indicative spot observations. Periods without enough history remain empty.
Indicative spot midpoints. Sample log-return volatility; 5-minute observations, annualised using 252 × 23 hours. Asia: 00–08 UTC; London pre-NY: 08 UTC–08:20 ET; NY: 08:20–17 ET. These are different observation windows, not eight-hour price moves.
Session Volatility (annualised)
| Metal | Asia | London pre-NY | NY | Day |
|---|
Rolling 1h Vol (annualised)
Completed Sessions · Annualised
Collecting qualified indicative spot observations. Periods without enough history remain empty.
Latest News Feed
AI summaries from metals, mining, and macro sources.
Trending Now 🔥
Oil prices jump to five-month high as attacks threaten global supply
Silver crashes ₹8,590/kg to a 7-month low; gold hits 2-month low. What’s driving the selloff in precious metals - Livemint
251-Million-Ounce Gold Deposit Increase Highlights Growth Beyond New Discoveries - Crux Investor
French borrowing costs overtake US amid budget turmoil
Silver price today, Thursday, October 22, 2026: Silver prices are gaining some short-term steam - Yahoo Finance
1594 AI summaries
Silver crashes ₹8,590/kg to a 7-month low; gold hits 2-month low. What’s driving the selloff in precious metals - Livemint
Silver plunged ₹8,593/kg to ₹2,00,575, a seven-month low, while MCX gold fell ₹2,300/10g to ₹1,43,600, a two-month low. Both metals are down sharply month-to-date, with silver off 10% and gold down 3.3% as higher oil prices and firmer inflation expectations revive the case for tighter Fed policy. The move comes as Brent jumped 3.3% to $112.38/bbl after…
251-Million-Ounce Gold Deposit Increase Highlights Growth Beyond New Discoveries - Crux Investor
S&P Global says its gold deposit inventory rose by 251 million ounces, with more than half of the gain coming from previously known deposits rather than new discoveries. Only nine major discoveries since 2020 have reached the 2Moz threshold, underscoring how much future supply growth depends on drilling, resource conversion and mine development within…
Gold Price Forecast: XAU/USD Slips Below $4,076 as Saudi Oil Strike Lifts Fed Hike Bets - FXLeaders
Spot gold is trading near $4,072/oz, down about 1.6% and just below the key $4,076 support that has anchored October trade; a 4-hour close below that level would open downside to $4,031 and then $3,987. The driver is a Saudi Aramco Shaybah oil-field drone strike that pushed Brent toward $111 and revived inflation fears, keeping December Fed hike odds near…
Oil prices jump to five-month high as attacks threaten global supply
Oil jumped 3% to $112/bbl, a five-month high, after attacks in Saudi Arabia and tanker incidents in the Strait of Hormuz renewed fears of supply disruption. The move is feeding expectations for higher inflation and borrowing costs, which is lifting global risk aversion and can support precious metals as a hedge if the shock persists. The article also notes…
Borealis Provides Fiscal 2027 Production and Operating Guidance - TradingView
Borealis guided FY2027 gold output at 15,250-19,250 oz from its Nevada Borealis mine, with total material mined of about 6.0 million tons and an average strip ratio near 2.4:1. Management said most production should come from Deep Ore Flats, with East Ridge and Freedom Flats as supplements. The company is also adding run-of-mine heap leaching alongside…
Gold Price Forecast: XAU/USD tests key support at $4,070 amid high Oil prices - Mitrade
Gold (XAU/USD) is under pressure and testing key support near $4,070, with spot quoted at $4,085.58 after a sharp Tuesday drop. The move is being driven by higher oil prices and escalating Middle East risk, which is offsetting the usual boost to bullion from lower U.S. Treasury yields. Near term, a break below $4,070 would expose the $4,000 psychological…
Silver price today, Thursday, October 22, 2026: Silver prices are gaining some short-term steam - Yahoo Finance
Silver December futures opened at $58.09/oz on Thursday, up 0.7% from Wednesday and above last Thursday’s $55.80 open, though prices had already slipped to $56.12 by 6:54 a.m. ET. The piece flags a supportive macro backdrop: oil remains elevated on Middle East conflict, while the market assigns an 87.3% probability the Fed leaves rates unchanged next week,…
Why South Africa isn’t striking it rich from record gold prices - Financial Mail
South Africa is not seeing the kind of new gold-mining investment you might expect even with gold above $4,000/oz, leaving the industry unable to meaningfully ramp up fresh digging. The piece frames this as a structural supply problem rather than a price problem: the country still has gold, but capital is reluctant to finance it. The article uses the…
Lake Victoria Gold Pushes Two Tanzanian Projects Toward Production - Streetwise Reports
Lake Victoria Gold is pushing its fully permitted Imwelo project toward first gold production while lining up a larger drilling program at Tembo, where a maiden resource stands at 99,700 oz indicated and 480,100 oz inferred. The company also signed a non-binding term sheet for about CA$27.2 million plus a possible CA$5 million shareholder offering, with…
French borrowing costs overtake US amid budget turmoil
French 10-year borrowing costs jumped 9bp to 5.089%, the highest since July 2022 and above US Treasuries for the first time since 2013, as budget gridlock and protest-related turmoil hit French debt. The France-Germany 10-year spread widened to nearly a 15-year high, with spillover to Italy and Spain. ING’s Carsten Brzeski said the bond selloff reinforces…
Silver price crash: Gold-silver ratio signals more pain for white metal as expert sees further underperformance in festive season - Business Today
The article is bearish for silver versus gold: the gold-silver ratio has risen, and Ponmudi expects it to climb further, implying more underperformance in the white metal through the festive season. The piece argues the recent selloff has weakened the case that industrial demand provides a firm floor for silver, leaving the metal more vulnerable than gold.…
Why gold prices rise and fall, and how they are set - bdnews24.com
Bangladesh 22-carat gold has been volatile and now sits around Tk 209,000 per bhori after a Tk 8,386 drop, versus BAJUS’s prior Tk 228,031 level; the article also notes comparison prices of Tk 181,056 in Dubai and Tk 214,910 in India. It says domestic pricing is set off the Tantibazar wholesale market, then adjusted by BAJUS using international gold rates,…
Official Macro Calendar
Selected official releases; coverage is not exhaustive. Times use each source's local timezone. Some sources need rechecking or could not refresh; expired schedules are hidden.
Next 120 days · 8 listed events · last listed date 2026-12-15. Dates without a time may already have been released today.
US Job Openings and Labor Turnover
US Employment Situation
US CPI
US PPI
US Job Openings and Labor Turnover
US Employment Situation
US CPI
US PPI
Sources and verification
BLS releases refresh automatically. Other schedules are manually checked; overdue checks are marked and expired dates are hidden.
- US Bureau of Labor Statistics · current · checked 2026-10-22T13:28:32.010969+00:00 · valid until 2026-10-29T13:28:32.010969+00:00 · last listed date 2026-12-15
- Federal Reserve · expired · checked 2026-09-09T11:04:45+00:00 · valid until 2026-10-09T11:04:45+00:00 · last listed date 2027-12-08
- US Bureau of Economic Analysis · expired · checked 2026-09-09T11:04:45+00:00 · valid until 2026-10-09T11:04:45+00:00 · last listed date 2026-12-23
- US Census Bureau · expired · checked 2026-09-09T11:04:45+00:00 · valid until 2026-10-09T11:04:45+00:00 · last listed date 2026-12-16
- UK Office for National Statistics · expired · checked 2026-09-09T11:04:45+00:00 · valid until 2026-10-09T11:04:45+00:00 · last listed date 2026-09-16
- Bank of England · expired · checked 2026-09-09T11:04:45+00:00 · valid until 2026-10-09T11:04:45+00:00 · last listed date 2026-12-17
- European Central Bank · expired · checked 2026-09-09T11:04:45+00:00 · valid until 2026-10-09T11:04:45+00:00 · last listed date 2026-12-17
- Swiss National Bank · expired · checked 2026-09-09T11:04:45+00:00 · valid until 2026-10-09T11:04:45+00:00 · last listed date 2026-12-10
- Bank of Japan · expired · checked 2026-09-09T11:04:45+00:00 · valid until 2026-10-09T11:04:45+00:00 · last listed date 2026-12-18
- Statistics Bureau of Japan · expired · checked 2026-09-09T11:04:45+00:00 · valid until 2026-10-09T11:04:45+00:00 · last listed date 2026-12-18
- National Bureau of Statistics of China · expired · checked 2026-09-09T11:04:45+00:00 · valid until 2026-10-09T11:04:45+00:00 · last listed date 2026-12-09
- Reserve Bank of Australia · expired · checked 2026-09-09T11:04:45+00:00 · valid until 2026-10-09T11:04:45+00:00 · last listed date 2026-12-08