
Silver Slides to $63.67 Into a Binary Fed: The Levels That Matter
Silver closed at $63.67, 6% below its September 9 high, in a paper-driven pullback ahead of the Fed decision. Support at $63.51 is the line that matters.
Daily coverage · David Morales
Gold, silver, oil, copper and agriculture — supply, demand and price levels.

Silver closed at $63.67, 6% below its September 9 high, in a paper-driven pullback ahead of the Fed decision. Support at $63.51 is the line that matters.

WTI holds near $102.83 and Brent near $107.41 as Saudi Arabia's Hormuz-bypass pipeline stays shut and Iran-Gulf talks stall. Crude is up 18.2% in a month.

WTI broke above $102 and Brent neared $107 as Saudi strikes and Hormuz attacks reopened the oil risk premium. Here is what to watch in Oman this week.

Record Q2 central-bank gold buying of 289 tonnes and the second-largest August ETF inflows on record, with levels to watch ahead of the September 16 FOMC.

Gold declined 1.73% to $396.36 but remains above its 200-day moving average at $390. The August CPI print will be the key catalyst for gold and commodities this week.

August CPI expectations: consensus calls for 2.9% headline inflation with core prices up 0.3%. What would surprise markets and which assets transmit the signal.

Gold holds above $4,400 as central bank buying provides support. Silver outperforms on industrial demand. CFTC positioning shows bullish sentiment ahead of CPI data.

Gold futures (GC=F) climbed 0.27% to $4,472.70 on Thursday, holding above the critical $4,400 support level that has defined recent price action.

Gold holds $4,400 support as silver ETFs rally 2.3%. CFTC data shows managed money net long gold as central bank buying continues.

Gold holds above $4,400 support as central bank buying provides structural bid. Silver outperforms on industrial demand. Key levels and CPI preview.

10-year Treasury yield at 4.78% signals term premium concerns as gold slips to $4,446 despite dollar weakness. Real yields pressure precious metals.

USO surged 2.87% to $146.03 on tightening global supply. CFTC data shows managed money cutting net longs 22%, suggesting short-covering rather than fresh buying. Supply, geopolitics, and OPEC+ policy set the next move.