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News · ▼ Bearish · 1 source confirmed · 2026-09-10 21:15 UTC

Gold, silver prices tumble as hot PPI, oil shock lift yields - Kitco PM Report - KITCO

Why now

Thesis: Hot PPI and oil shock lift yields, pressuring non-yielding metals

Catalyst to watch: Inflation data and yield movements

Main risk: Further yield rises could deepen gold and silver losses

Why it matters

Hot PPI and an oil shock lift nominal yields, raising the opportunity cost of holding non-yielding metals and pressuring gold and silver prices.

Related assets & topics

Silver (COMEX) · SI=FTreasury BondsGold (COMEX) · GC=FGoldWTI Crude Oil · CL=FOil

Sources

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