Gold Down 8.5% in Sept, Silver -13.5% as Real Yields 'Re-Price Fast'

September was a rough month for precious metals, with gold falling 8.5% and silver dropping 13.5%. The losses came as real yields repriced sharply higher, reducing the appeal of non-yielding assets. Yet both metals bounced on Wednesday's U.S. data, which showed faster growth alongside cooler inflation. Read the full article