
Gold and Silver Prices Fall Sharply as Bond Yields Rise
Precious metals dropped on Monday as higher bond yields reduced investor appetite for non-yielding assets.

Precious metals dropped on Monday as higher bond yields reduced investor appetite for non-yielding assets.
Gold fell 26% to $4,170 on Monday, according to Anadolu Agency, as rising oil prices and interest rate pressures weighed on the metal.

Gold futures dropped 1.74% to $4,246.20 per troy ounce early Monday, marking the metal's first dip below the $4,250 threshold since August 5.

Diamond prices are dropping, prompting questions about whether natural gemstones are losing their appeal, according to CNBC.
AI-92 grade gasoline also declined over the week, extending a broader slide in Russian fuel prices on the St Petersburg exchange.

Analyst Ilya Grashchenkov notes that options for rapidly scaling up copper production remain limited even as demand grows.
A persistent global copper shortage is emerging and is expected to continue until at least 2030, according to expert Pavel Petrov.

The price of 24-karat gold in Pakistan's local market dropped by Rs1,800 per tola on Wednesday, settling at Rs453,936, according to the All Pakistan Sarafa Gems and Jewellers Association.

Copper futures for December 2026 delivery rose 2.44% to $6.9275 per pound, reaching an all-time high.
Gold rose 2.4% and silver gained 4.5% while Brent crude fell 2.8%, according to a report by Anadolu Agency.

The global oil benchmark dropped 3.7% on London's ICE exchange, marking its first dip under $102 in weeks, according to TASS.

Local gold rates declined on Saturday, according to the All Pakistan Sarafa Gems and Jewellers Association.

U.S. stock futures showed little movement Wednesday morning following declines across the three major averages in the prior session.