AuAltinavcisiPrecious metals news and analysis

Latest dispatch

Fed & yields

Bank of England Rate Hike to 4%: Two Forces for Gold Owners

September’s hold is history. The Bank of England now expects inflation to climb while it raises rates. This dispatch separates the risk to purchasing power from the potential advantage of higher bond returns, with…

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Bank of England’s stone façade beside a rain-dampened London street under an overcast sky.

Next on the wire

Eight more dispatches on gold, silver, and the rates around them.

Three stacked gold bullion bars lit with warm golden light against a dark background, with a faint blue upward-curving line suggesting market momentum behind themFed & yieldsGold Tops $4,124 as Falling Yields Set Up a Friday Test
Stone columns of the U.S. Treasury building viewed through glass, with soft reflections in overcast daylight.Metals marketsTreasury Borrowing Forecast: $618 Billion, $24 Billion Catch
Gold bars and silver coins beside US dollar bills, illustrating the gold price rally after the midterm electionsSilverGold Tops $4,000, Silver Jumps as Democrats Sweep the Midterms
A gold bar in sharp focus beside a softer-focus silver bar on a dark surface, illustrating gold outpacing silver in today’s gold and silver price movesSilverGold Climbs to $3,966 as Silver Reclaims $50 on Election Uncertainty
Four gold bullion bars stacked on a steel table inside a vault, with shelves of gold bars softly blurred in the background.Central banksGold Buyers Split in Q3. Central Banks Bought 42% More
An oil barrel in soft focus beside a sharply lit gold bullion bar, symbolizing falling oil prices driving today’s gold and silver rebound.SilverGold and Silver Rebound Hard
Gold bullion bar beside two stacked silver bars and a silver round on a dark slate surface.SilverGold and Silver’s October Selloff: What Changed for Long-Term Owners?
A single gold bullion bar on a dark stone surface beside a noticeably larger stack of silver bars and coins, visually representing the widening gold-silver ratio as silver underperforms gold.SilverSilver Breaks Below $50. Why Is It Falling Faster Than Gold?

Spot and futures

Gold on the tape

Price moves, forecasts, and the flows that set the bullion bid.

Open Gold

Three stacked gold bullion bars lit with warm golden light against a dark background, with a faint blue upward-curving line suggesting market momentum behind themFed & yieldsGold Tops $4,124 as Falling Yields Set Up a Friday Test
Gold bars and silver coins beside US dollar bills, illustrating the gold price rally after the midterm electionsSilverGold Tops $4,000, Silver Jumps as Democrats Sweep the Midterms
A gold bar in sharp focus beside a softer-focus silver bar on a dark surface, illustrating gold outpacing silver in today’s gold and silver price movesSilverGold Climbs to $3,966 as Silver Reclaims $50 on Election Uncertainty

Industrial and monetary

Silver beside the bid

Deficits, lease rates, and the days silver outruns gold.

Open Silver

Three stacked gold bullion bars lit with warm golden light against a dark background, with a faint blue upward-curving line suggesting market momentum behind themFed & yieldsGold Tops $4,124 as Falling Yields Set Up a Friday Test
Gold bars and silver coins beside US dollar bills, illustrating the gold price rally after the midterm electionsSilverGold Tops $4,000, Silver Jumps as Democrats Sweep the Midterms
A gold bar in sharp focus beside a softer-focus silver bar on a dark surface, illustrating gold outpacing silver in today’s gold and silver price movesSilverGold Climbs to $3,966 as Silver Reclaims $50 on Election Uncertainty

Rates and inflation

Yields that move bullion

Fed votes, real yields, and the jobs and inflation prints traders price into metal.

Open Fed & yields

Three stacked gold bullion bars lit with warm golden light against a dark background, with a faint blue upward-curving line suggesting market momentum behind themFed & yieldsGold Tops $4,124 as Falling Yields Set Up a Friday Test
An oil barrel in soft focus beside a sharply lit gold bullion bar, symbolizing falling oil prices driving today’s gold and silver rebound.SilverGold and Silver Rebound Hard
A single gold bullion bar on a dark stone surface beside a noticeably larger stack of silver bars and coins, visually representing the widening gold-silver ratio as silver underperforms gold.SilverSilver Breaks Below $50. Why Is It Falling Faster Than Gold?

Supply

Mines and vaults

Producer deals, ore grades, and the pits that feed the bullion market.

Open Mining

Gold bar in sharp focus against a blurred, illuminated world map, illustrating the jurisdictional risk behind the Gold Fields Northern Star takeover rejectionMiningGold Fields’ $27 Billion Bid Got Rejected. The Reason Is a Risk Bullion Doesn’t Carry.
Gold bar linked to five icons, including a border gate and digital token, illustrating Russia gold export controls and other institutional gold market moves.GoldGold’s Price Barely Moved. Five Institutions Repositioned Anyway.
Stacked gold bullion bars in soft directional light beside a blurred trading monitor showing mining stock tickers and a price chart, illustrating the divergence between gold mining stocks and physical gold bullion.MiningGold Fell 1.62% Today. Gold Miners Didn’t. Here’s the Math.

Latest dispatches

The front of the precious metals archive.

Three stacked gold bullion bars lit with warm golden light against a dark background, with a faint blue upward-curving line suggesting market momentum behind themFed & yieldsGold Tops $4,124 as Falling Yields Set Up a Friday Test
Stone columns of the U.S. Treasury building viewed through glass, with soft reflections in overcast daylight.Metals marketsTreasury Borrowing Forecast: $618 Billion, $24 Billion Catch
Gold bars and silver coins beside US dollar bills, illustrating the gold price rally after the midterm electionsSilverGold Tops $4,000, Silver Jumps as Democrats Sweep the Midterms
A gold bar in sharp focus beside a softer-focus silver bar on a dark surface, illustrating gold outpacing silver in today’s gold and silver price movesSilverGold Climbs to $3,966 as Silver Reclaims $50 on Election Uncertainty
Four gold bullion bars stacked on a steel table inside a vault, with shelves of gold bars softly blurred in the background.Central banksGold Buyers Split in Q3. Central Banks Bought 42% More
An oil barrel in soft focus beside a sharply lit gold bullion bar, symbolizing falling oil prices driving today’s gold and silver rebound.SilverGold and Silver Rebound Hard
Gold bullion bar beside two stacked silver bars and a silver round on a dark slate surface.SilverGold and Silver’s October Selloff: What Changed for Long-Term Owners?
A single gold bullion bar on a dark stone surface beside a noticeably larger stack of silver bars and coins, visually representing the widening gold-silver ratio as silver underperforms gold.SilverSilver Breaks Below $50. Why Is It Falling Faster Than Gold?
Four gold bars in an open transport case, with a container ship and port cranes in Hong Kong’s harbor behind.GoldChina Gold Imports via Hong Kong: Up Over 28%, Demand Mixed
Gold and silver bullion bars on a dark stone windowsill overlooking a softly blurred city skyline.Metals marketsWorld Bank: Precious Metals May Ease in 2027 but Stay High
Four silver bullion bars stacked in an overlapping row on a dark brushed-steel surface, illustrating silver’s quiet retest of its 2026 low.SilverSilver Is Testing Its 2026 Low Again. This Time, It’s Not Panic.
Split-frame image of a declining red stock chart on a computer monitor next to a stack of gold bars and coins, representing gold’s price during an AI-stock-driven market selloffGoldChina’s AI Stocks Just Lost Nearly 40%. Does Gold Rise With the Panic, or Fall With It?