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Spot gold prices are higher and spot silver prices are slightly lower in late-afternoon U.S. trading Monday, as gold's fiscal-risk bid held even as silver saw profit-taking after last week's breakout.
The price of silver hardly budged on Monday, though the metal is still hovering around its highest price in about two months. Silver futures were down about 0.3% as of Monday morning, while spot silver was down about 0.1%, both around a price of $69.
Spot gold and silver prices are higher in late-afternoon U.S. trading Friday, as a weaker U.S. dollar, fiscal-risk hedging and continued Strait of Hormuz uncertainty kept buyers in precious metals despite another session of elevated Treasury yields.
Gold and silver are accelerating as U.S. debt, Treasury buybacks and hard-asset demand reshape markets, putting $5,000 gold and $100 silver increasingly in focus.
Gold and silver have largely come down from the historic highs they reached earlier this year, as gold languished between roughly $4,000 and $4,200 and silver hovered between $50 and $60 for much of the summer. For the quarter ending June 30, gold shed 16% of its value, representing its worst quarter in more than a decade.
Gold and silver remain supported by lower yields, with gold targeting $5,000 and silver approaching the key $72 resistance.
Spot gold prices are near steady and spot silver prices are sharply higher in late-afternoon U.S. trading Thursday, as rising crude oil prices and a rebound in Treasury yields hit equities but failed to fully unwind Wednesday's precious-metals breakout.
Gold traders take some profits off the table after the strong rally.
SEC filings for SIVR aren't indexed yet — common for recently launched funds. Browse the issuer's filings on SEC EDGAR directly.