iShares MSCI Global Silver and Metals Miners ETF

SLVP

Market cap $765M

Spot gold and silver prices are sharply lower ahead of the North American market open Thursday, as firmer Treasury yields, a steadier U.S. dollar and renewed Strait of Hormuz risk outweighed support from this week's softer inflation data

Central banks continue accumulating gold while traders await U.S. retail sales. See whether gold can hold $4,020 and silver defend $57.15.

Spot gold prices are modestly higher and spot silver prices are lower in late-afternoon U.S. trading Wednesday, as softer U.S. consumer- and producer-price reports pressured Treasury yields and the U.S. dollar, while renewed Strait of Hormuz tension kept crude oil prices elevated

Platinum gained strong upside momentum, supported by falling oil prices and lower Treasury yields.

Silver enjoys a unique combination of ongoing supply deficits, rising industrial and monetary demand, and tight physical market conditions, which offer multiple vectors for prices to appreciate, according to Paul Wong, managing partner and market strategist at Sprott Inc.In a recent analysis of the precious metals market, Wong noted that silver prices recorded their largest monthly decline since September 2011 in June.

Central bank gold buying remains strong as Fed uncertainty and Middle East tensions shape gold and silver. See key technical levels for XAUUSD and XAGUSD.

Gold and silver rebound after softer US inflation data, but rising oil prices and Middle East risks may revive inflation concerns and limit further gains.

U.S. inflation report provided significant support to precious metals markets.

Spot gold and silver prices are sharply higher ahead of the North American market open Tuesday, as a softer-than-expected U.S. CPI report reduced Fed-rate pressure and helped metals recover despite another spike in crude oil tied to U.S.-Iran tensions.

Gold found support at $4,021 with recovering momentum while silver held $57.73 amid constrained supply growth ahead of USCPI and Kevin Warsh testimony. Central bank buying and expanding industrial demand for silver in solar, electronics, and EVs provided a solid foundation for both metals.