12/10/2026
Gold and silver regain ground as markets look ahead to US inflation data.
Here is your weekly update for 12-10-26.
Gold rose 1.4% to $4,191/oz, while silver gained 1.2% to $60.67/oz, supported by easing oil prices and a retreat in Treasury yields. However, a stronger dollar and elevated real yields continued to weigh on bullion.
Gold ETF inflows remained strong, with September attracting $10 billion, while China extended its gold-buying streak to 23 consecutive months.
Looking ahead, US CPI, PPI, retail sales and industrial production will be key indicators to watch. Inflation data, Fed rate expectations and developments around Iran and the Strait of Hormuz could shape the next move in precious metals.