Gold Fund Gains 1.6% as Treasury Yields Ease | Gold & Silver, Oct 9
- On Friday, October 9, 2026, the gold fund GLD rose 1.57% to US$384.58 and the silver fund SLV gained 2.49% to US$54.78, marking consecutive daily gains for both precious metals.
- Thursday's auction of 30-year US Treasury bonds cooled long-term yields, according to USAGOLD, which eased the dollar and lowered the opportunity cost for holding non-yielding bullion.
- Mining stocks outperformed the underlying metals: the GDX miners fund gained 2.95%, Newmont rose 1.98%, and Hecla Mining increased 2.03%, as higher prices lifted mining revenues.
- As silver outpaced gold, the gold-to-silver price ratio narrowed to about 69.3, while spot gold traded near US$4,183 an ounce and spot silver near US$60.40 per USAGOLD.
- Polymarket bettors assign a 68.0% probability to gold touching US$4,300 in October, balancing safe-haven demand against persistent pressure from elevated bond yields on non-yielding assets.
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The prices of future gold contracts closed at high, approaching $4.2 thousand to ounce-troy, while oil prices and Treasury revenues remained below the recent peaks, after US President Donald Trump, signaling lower risk of escalation of tensions with Iran. In Comex, New York Mercantile Exchange (Nymex) metal division, the gold with delivery scheduled for October closed at high 1.43%, to $4.191.0 per ounce-troy. In the week, precious metal rose 1.…
On Monday, October 5, 2026, current gold prices and market data became clear. Prices for gram gold, quarter gold and Republic gold were revealed. Here is the current list of gold prices and sales figures for Monday, October 5, 2026 prepared with free market data...
Global Gold Gains 1.3% in a Week
Marsad Al Dahab reported that gold prices in Egypt remained stable on Saturday as international markets closed for the weekend, following a 1.3% global gain in the week ended Friday. Investors continued to monitor the US dollar, Treasury yields and monetary policy expectations.
The moderation of tensions between the U.S. and Iran pushed down crude oil and favored the recovery of gold, while copper found support in Chinese demand and supply risks. In parallel, money market funds recorded their largest weekly entry since May, in a scenario marked by high bond yields and uncertainty about inflation. Oil inflow recedes, gold and copper advance and investors seek refuge in liquidity was first published on MarketData.
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