Precious Metals at a Crossroads: Gold Holds Above $4,000 as Inflation Fears Pressure Silver and New Mint Releases Approach
Gold, silver, platinum, and palladium entered October 22 under pressure as rising energy costs renewed inflation concerns and strengthened expectations that interest rates may remain elevated. Gold nevertheless held near $4,030 in late trading, while silver remained near $54.50. Alongside this market volatility, collectors and bullion buyers have a busy release calendar ahead, including a first-ever fractional American Gold Buffalo, a new Morgan and Peace Dollar finish, the 2027 Australian Kangaroo series, limited-mintage Canadian premium bullion, and 2027 Britannia coins.