Week in Review

Gold fell 4.08% and silver 5.29% in the week to Friday, most of it on Thursday, a day when the US 10-year Treasury yield dropped 17 basis points and the textbook support for metals did not show up.

Silver fell 6.0% on Wednesday, the day the US Bureau of Labor Statistics reported that consumer prices rose 0.6% in September, and that one session set the shape of a week in which the dollar rallied on inflation and then gave the gain back.

The US 10-year Treasury yield closed Monday at 5.31%, its highest close of the year on the Treasury’s daily curve, then gave back 7 basis points by Friday, and the two markets that compete most directly with yields, gold and silver, finished the week higher.

Weekend Review — October 3, 2026 Spot foreign exchange and precious metals markets closed Friday afternoon and will reopen Sunday evening, so what follows is a structured look back at the week rather than live commentary. Crypto markets have continued to trade through the weekend, and the latest weekend prints are incorporated where relevant. With…

Weekend Review — September 26, 2026 Spot foreign exchange and precious metals markets closed out the week on Friday and will reopen Sunday evening. The action described here is a retrospective look at the five sessions just completed, not live pricing. Crypto markets, as always, never closed — Bitcoin, Ethereum, and the broader digital-asset complex…

Weekend Review — September 12, 2026 Spot foreign exchange and precious metals markets closed Friday afternoon and will reopen Sunday evening, so this is a backward-looking review of the week that was rather than live market commentary. Crypto, as always, has continued to trade straight through the weekend, and the latest prices reflected here capture…

Weekend Review — September 5, 2026 Spot foreign exchange and precious metals markets closed at the end of Friday’s session and will reopen Sunday evening, so this review is a structured look back at the week that was rather than live market commentary. Crypto, as always, continued to trade straight through the weekend, and we’ve…

Weekend Review — August 29, 2026 Spot foreign exchange and precious metals markets closed out their trading week on Friday and will reopen Sunday evening. Crypto, as always, never sleeps — Bitcoin and the broader digital-asset complex have continued to trade through the weekend, and the most recent levels are reflected in the crypto section…

Weekend Review — August 22, 2026 Spot foreign exchange and precious metals markets closed out their trading week on Friday afternoon in New York, and those markets won’t reopen until Sunday evening. What follows is a look back at the five sessions just completed — not live pricing, but a structured debrief of what moved,…