Trusted Bullion Services… Straight from the Source®
NEW YORK SPOT METAL PRICES

October 13, 2023

Gold and silver each gained over 5% this week as bond yields fell and geopolitical tensions in the Middle East continue to rise. Stocks were mixed today but closed the week mostly in negative territory as the Israel-Hamas war abroad and inflation data at home leave a lot of uncertainty for investors to digest. Both PPI and CPI were slightly higher than predicted, but the Fed continues to stress patience, suggesting another rate hike this year may not happen.