
Episode #270
Treasury Yields Pressure Gold and Silver as Weak Jobs Data Offers Brief Relief, While Central Bank Buying, Chinese Demand and ETF Growth Help Keep Gold Above $4,000
Gold and silver faced another volatile week as the U.S. bond market remained a major headwind for precious metals, with rising Treasury yields and a stronger dollar weighing on prices. A weak U.S. jobs report briefly supported gold and silver before renewed pressure from rising yields erased much of the move. Morgan Stanley’s Amy Gower noted that gold continues to hold above $4,000 despite these challenges, supported by central bank buying, Chinese demand, and growing ETF holdings. Meanwhile, Rebecca Walser told Bloomberg that gold remains a key barometer of the dramatic expansion in global money supply. Learn more about the forces shaping gold and silver markets and what investors are watching next.

