SD Bullion

Gold closed the week at $4,195 per ounce, while silver held above $60 as central banks and institutional investors continued to reshape the precious metals market. China reportedly added more than 23 metric tons of gold last month, its largest monthly purchase in over three years, while global gold ETFs attracted more than $30 billion in third-quarter inflows. At the LBMA conference in Italy, delegates forecast gold exceeding $5,000 and silver reaching $97 per ounce within 12 months. Meanwhile, Metals Focus projects gold averaging $5,330 in 2027, supported by rising government debt and sustained investment demand. Watch this week's market update video to discover what's driving gold and silver prices and what investors should watch next.

Gold and silver faced another volatile week as the U.S. bond market remained a major headwind for precious metals, with rising Treasury yields and a stronger dollar weighing on prices. A weak U.S. jobs report briefly supported gold and silver before renewed pressure from rising yields erased much of the move. Morgan Stanley’s Amy Gower noted that gold continues to hold above $4,000 despite these challenges, supported by central bank buying, Chinese demand, and growing ETF holdings. Meanwhile, Rebecca Walser told Bloomberg that gold remains a key barometer of the dramatic expansion in global money supply. Learn more about the forces shaping gold and silver markets and what investors are watching next.

Gold and silver markets faced another eventful week as rising bond yields, mounting debt costs, and shifting global demand kept investors focused on precious metals. Silver finished the week near $64.29 per ounce, while gold closed around $4,285 as higher interest rates continued to pressure financial markets. Meanwhile, China remains a major source of physical gold demand, with imports reportedly on pace to exceed 1,500 metric tons this year. At the same time, eligible gold inventories in COMEX warehouses have fallen sharply, with roughly 4 million ounces reportedly leaving in recent weeks. What could rising yields, strong Chinese demand, and declining COMEX inventories mean for gold and silver markets? Listen to the full market update to learn more.

Record diesel prices are adding fresh inflation pressure across the U.S. economy, raising concerns about higher transportation costs filtering into everyday goods. At the same time, the Federal Reserve raised interest rates by 25 basis points as policymakers continue their effort to contain persistent inflation. In a CNBC interview, Jefferies strategist Chris Wood discussed rising U.S. bond yields, mounting fiscal pressures, and a potential long-term scenario that could have major implications for gold. Learn more in last week’s Gold and Silver Market Update as we break down what these developments could mean for precious metals investors.

https://sdbullion.com/blog/gold-silver-navigate-us-fed-interest-rate-hike-plus-record-high-diesel-prices

Gold and silver faced another volatile week as hotter inflation, rising Treasury yields, and renewed expectations for a Federal Reserve rate hike pressured precious metals. Gold finished near $4,348 per ounce, while silver held around $64.50, even as underlying investment demand remained strong. Global gold ETFs attracted approximately **$18 billion in August—the second-largest monthly inflow on record—**highlighting continued investor interest despite recent price weakness. Learn more about what the upcoming Fed decision, inflation pressures, and shifting global demand could mean for gold and silver in the week ahead.

Gold and silver closed a volatile week with silver holding near $66.22 per ounce and gold finishing around $4,430 as U.S. investors weighed rising Treasury yields, mounting federal debt concerns, and shifting global demand for bullion. The Netherlands’ decision to relocate a significant portion of its gold reserves underscores growing attention to geopolitical and sovereign risk. Meanwhile, central banks, including China, continue to add gold during price pullbacks. UBS strategist sees gold potentially reaching $5,000 while forecasting silver could outperform gold through year-end. Learn more about the forces shaping gold and silver prices and what investors should be watching next.

Gold and silver markets ended a volatile week under pressure after Federal Reserve Chair Kevin Warsh struck a hawkish tone at Jackson Hole, raising the possibility of higher interest rates and helping send gold to $4,456 and silver to $66.22 per ounce. Warsh’s inflation warnings strengthened rate-hike expectations, creating a potential near-term headwind for precious metals through higher yields and a stronger U.S. dollar. Meanwhile, Treasury Secretary Scott Bessent escalated economic pressure on Iran through Operation Economic Outcast, expanding sanctions risks across gold, shipping, technology and other sectors—a geopolitical development that could increase market uncertainty and potentially strengthen safe-haven demand for gold. David McAlvany offered a longer-term bullish counterpoint, arguing that mounting U.S. deficits and Treasury financing pressures could ultimately favor gold while forecasting a potential $6,875 gold price by the end of 2027 and discussing a scenario in which a falling gold-to-silver ratio could eventually support silver near $200. Listen to the full market update for a closer look at Warsh’s Jackson Hole remarks, Bessent’s escalating economic campaign against Iran, McAlvany’s gold and silver outlook, and what last week’s events could mean for precious metals prices in the weeks ahead.

Gold and silver moved higher last week, with silver closing at $68.81 per oz and gold finishing at $4,608 per oz, as investors focused on mounting U.S. fiscal pressures and developments in the Treasury market. The U.S. national debt officially surpassed $40 trillion, more than doubling since 2017, while rising interest costs continue to place additional pressure on federal finances. Against that backdrop, the Treasury announced plans to double buybacks of longer-dated government debt, initially pushing yields lower before the 10-year Treasury yield rebounded above its pre-announcement level by Friday. Treasury Secretary Scott Bessent defended the government's actions, discussed fiscal consolidation and argued that stronger economic growth can help address America's growing debt burden. Listen to last week’s market update to hear Bessent’s commentary on last week’s Treasury actions and what these developments could mean for the bond, gold and silver markets.

Gold’s breakout from its summer trading range, accelerating silver demand from China and India, and renewed debate over $300 to $1,000 silver price forecasts dominate this week’s precious metals market discussion. Gold and silver pushed higher again this week, with gold finishing near $4,375 an ounce and silver at $64.55, as precious metals continue to navigate a rapidly shifting macro landscape. Gold’s recent breakout above its summer consolidation range is putting renewed attention on Chinese buying, elevated U.S. bond yields, and mounting sovereign debt concerns. Meanwhile, the silver story is heating up as Indian ETF demand surges and China remains on pace to import more than 4,000 tonnes of fine silver this year. Those developments come as increasingly aggressive silver price forecasts revive the debate over just how far the metal could run in the next precious-metals mania. Listen and watch this week’s video https://www.youtube.com/watch?v=XdXDQaFbqk4  for the full breakdown and, importantly, to review the charts behind these gold and silver market trends.

Gold and silver rally last week as shifting expectations for interest rates, currency instability, and renewed investment demand put gold and silver back in focus. Gold finished the week at $4,341 per oz, while silver climbed to $63.30 per oz, pushing the gold-silver ratio down to roughly 68:1. China’s central bank added nearly 20 metric tons of gold in July, extending a broader trend of central-bank accumulation. Meanwhile, India may need to import another 135 million ounces of silver by year-end to meet current demand forecasts. Listen to last week’s Bullion Market Update for the key forces driving gold and silver—and what could come next.