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Gold Fund Slips 0 . 54 % as Silver Fund Gains 1 . 13 % | Gold & Silver , Oct 20

The SPDR gold fund (GLD) fell 0.54% to US$377.65 on Tuesday, October 20, at the New York close, while the iShares silver fund (SLV) rose 1.13% to US$52.12. Kitco placed spot gold near US$4,120 an ounce and silver near US$58 after the close, and said gold stayed under pressure from inflation worries and expectations of further Federal Reserve rate rises. The dollar index fell about 0.3% to 101.7, so currency strength did not drive the move. The article says the sources do not fully explain silver's gain on their own, though silver has industrial uses such as solar panels and electronics. Polymarket priced a gold dip to US$4,100 in October at 83.0% and a rise to US$4,200 at 58.2%.

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MarketCrypto
ExchangeBinance
SectorReal-world assets
Market cap$1.8B
Close on 10/20/20264,122.25
Change that session-0.28%
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MarketCrypto
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SectorReal-world assets
Market cap$3.4B
Close on 10/20/20264,116.60
Change that session-0.42%
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MarketGold
Close on 10/20/20264,125.21
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