Summary from Kitco News
(Kitco NewsWire) – Spot gold and silver prices were sharply lower in late U.S. trading Wednesday, as Federal Reserve minutes kept another year-end rate increase on the table while elevated long-end Treasury yields and a firmer dollar pressured non-yielding metals.
Why it matters
Silver is both a monetary and an industrial metal, so it responds to economic growth and to demand from solar and electronics as well as to moves in gold.
Market snapshot · Oct 8, 2026 04:48 UTCGold $4,134 +0.60%Silver $59.89 +0.10%
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