AuAltinavcisiPrecious metals news and analysis

Latest dispatch

Fed & yields

How 3.7% Inflation Impacts Wealth Preservation

U.S. inflation reached 3.7% in September 2026, but gasoline prices climbed 34.2%. Why the official rate may not match your household’s experience—and what it means for protecting purchasing power.

Read the dispatch

A gold bullion bar beside a grocery receipt and car keys on a wooden table, symbolizing rising living costs and long-term wealth preservation.

Next on the wire

Eight more dispatches on gold, silver, and the rates around them.

A heavy bank vault door with a multi-spoke locking wheel standing open in warm light — representing gold and silver held for the long term.SilverGold and Silver Dip on a Hot CPI Report
A gold bar in sharp focus on a dark wooden surface, with a blurred red-and-green candlestick stock chart and city skyline glowing softly in the background.GoldCurrency Swing Erases Gold’s Brief Dip
Stacked gold bars and silver coins in sharp focus against a blurred calendar and newspaper, reflecting today’s gold price amid dollar strength.GoldShort-Term Pressure Pushes Gold Down
Close-up of a hand pumping gas into a car at a fuel station at dusk, price sign glowing softly in the backgroundOil & energySqueezed at the Pump, Steady in the Vault
Close-up of a computer semiconductor chip beside a silver bullion coin featuring a Walking Liberty design, symbolizing silver's dual role as both a monetary metal and an industrial material used in AI chip manufacturing.SilverFed Governor Blames AI Chips for Inflation, Silver Falls
Split image contrasting a storm-lit offshore oil rig in rough seas with three calm, softly lit gold bars, illustrating the gold oil price shock real yields disconnect.Oil & energyOil Jumps 4% on Hurricane and Tanker Squeeze. Why Didn’t Gold Follow?
Gold bars being stacked in a vault beside a falling price chart, illustrating why gold is falling today despite the FOMC minutes.GoldChina Just Made Its Biggest Gold Buy in 3 Years, So Why Did the Price Fall?
Gold silver ratio divergence: a silver bar amid circuit boards, electronics, and a solar panel fragment, beside an isolated gold bar on dark stone.SilverSilver Is Falling Faster Than Gold Today. Here’s Why That Matters.

Spot and futures

Gold on the tape

Price moves, forecasts, and the flows that set the bullion bid.

Open Gold

A heavy bank vault door with a multi-spoke locking wheel standing open in warm light — representing gold and silver held for the long term.SilverGold and Silver Dip on a Hot CPI Report
A gold bar in sharp focus on a dark wooden surface, with a blurred red-and-green candlestick stock chart and city skyline glowing softly in the background.GoldCurrency Swing Erases Gold’s Brief Dip
Stacked gold bars and silver coins in sharp focus against a blurred calendar and newspaper, reflecting today’s gold price amid dollar strength.GoldShort-Term Pressure Pushes Gold Down

Industrial and monetary

Silver beside the bid

Deficits, lease rates, and the days silver outruns gold.

Open Silver

A heavy bank vault door with a multi-spoke locking wheel standing open in warm light — representing gold and silver held for the long term.SilverGold and Silver Dip on a Hot CPI Report
Close-up of a hand pumping gas into a car at a fuel station at dusk, price sign glowing softly in the backgroundOil & energySqueezed at the Pump, Steady in the Vault
Close-up of a computer semiconductor chip beside a silver bullion coin featuring a Walking Liberty design, symbolizing silver's dual role as both a monetary metal and an industrial material used in AI chip manufacturing.SilverFed Governor Blames AI Chips for Inflation, Silver Falls

Rates and inflation

Yields that move bullion

Fed votes, real yields, and the jobs and inflation prints traders price into metal.

Open Fed & yields

A heavy bank vault door with a multi-spoke locking wheel standing open in warm light — representing gold and silver held for the long term.SilverGold and Silver Dip on a Hot CPI Report
A gold bar in sharp focus on a dark wooden surface, with a blurred red-and-green candlestick stock chart and city skyline glowing softly in the background.GoldCurrency Swing Erases Gold’s Brief Dip
Stacked gold bars and silver coins in sharp focus against a blurred calendar and newspaper, reflecting today’s gold price amid dollar strength.GoldShort-Term Pressure Pushes Gold Down

Supply

Mines and vaults

Producer deals, ore grades, and the pits that feed the bullion market.

Open Mining

Gold bar in sharp focus against a blurred, illuminated world map, illustrating the jurisdictional risk behind the Gold Fields Northern Star takeover rejectionMiningGold Fields’ $27 Billion Bid Got Rejected. The Reason Is a Risk Bullion Doesn’t Carry.
Gold bar linked to five icons, including a border gate and digital token, illustrating Russia gold export controls and other institutional gold market moves.GoldGold’s Price Barely Moved. Five Institutions Repositioned Anyway.
Stacked gold bullion bars in soft directional light beside a blurred trading monitor showing mining stock tickers and a price chart, illustrating the divergence between gold mining stocks and physical gold bullion.MiningGold Fell 1.62% Today. Gold Miners Didn’t. Here’s the Math.

Latest dispatches

The front of the precious metals archive.

A heavy bank vault door with a multi-spoke locking wheel standing open in warm light — representing gold and silver held for the long term.SilverGold and Silver Dip on a Hot CPI Report
A gold bar in sharp focus on a dark wooden surface, with a blurred red-and-green candlestick stock chart and city skyline glowing softly in the background.GoldCurrency Swing Erases Gold’s Brief Dip
Stacked gold bars and silver coins in sharp focus against a blurred calendar and newspaper, reflecting today’s gold price amid dollar strength.GoldShort-Term Pressure Pushes Gold Down
Close-up of a hand pumping gas into a car at a fuel station at dusk, price sign glowing softly in the backgroundOil & energySqueezed at the Pump, Steady in the Vault
Close-up of a computer semiconductor chip beside a silver bullion coin featuring a Walking Liberty design, symbolizing silver's dual role as both a monetary metal and an industrial material used in AI chip manufacturing.SilverFed Governor Blames AI Chips for Inflation, Silver Falls
Split image contrasting a storm-lit offshore oil rig in rough seas with three calm, softly lit gold bars, illustrating the gold oil price shock real yields disconnect.Oil & energyOil Jumps 4% on Hurricane and Tanker Squeeze. Why Didn’t Gold Follow?
Gold bars being stacked in a vault beside a falling price chart, illustrating why gold is falling today despite the FOMC minutes.GoldChina Just Made Its Biggest Gold Buy in 3 Years, So Why Did the Price Fall?
Gold silver ratio divergence: a silver bar amid circuit boards, electronics, and a solar panel fragment, beside an isolated gold bar on dark stone.SilverSilver Is Falling Faster Than Gold Today. Here’s Why That Matters.
Gold Fell 26% From Its Peak. Five Wall Street Voices Just Made the Case for Why That’s the Wrong Read.GoldGold Fell 26% From Its Peak. Five Wall Street Voices Just Made the Case for Why That’s the Wrong Read.
A gold bar on dark stone, half in cool shadow and half lit by a warm diagonal light — a gold price fomc minutes preview as bullion rebounds from today's two-month low.GoldGold Fell to a Two-Month Low Today. Then It Rebounded Before Lunch.
Empty trading floor at dawn with rows of monitors showing price charts and a city skyline, representing gold market structure in 2026.GoldFive Moves Are Quietly Rebuilding Gold’s Entire Market Structure
A gold bar glows under warm light while a blurred stack of U.S. dollar bills sits in cool shadow behind it, gold holding firm on Fed hold odds even as the dollar and Treasury yields stay strong.Fed & yieldsGold Is Rising Today. A 24-Year-High Bond Yield Says It Shouldn’t Be.