Signal · Geopolitical Risk
Gold, silver prices rise as dollar, treasury yields fall
What the source reported
Source-reported<p><img src="https://argaamplus.s3.amazonaws.com/71fce42c-9c5e-4221-aef2-7928a4e1ec00.png" ></p> <p class="ckeCaption" >Spot silver gained 2.30% to $60.5215 per ounce.</p> <hr> <p >Gold and silver prices rose on Friday, supported by a weaker US dollar and lower US Treasury yields and oil prices, amid uncertainty over the outlook for the war between Washington and Tehran, now in its eighth month.</p> <p ></p> <p >Meanwhile, the US Dollar Index, which measures the greenback against a basket of six major currencies, fell 0.15% to 101.98 points.</p> <p ></p> <p >While President Donald Trump said Washington was holding "productive talks" with Iran and confirmed there were no plans to launch an attack before the US congressional midterm elections scheduled for Nov. 3, the US imposed sanctions targeting individuals and 17 vessels transporting Iranian crude oil and petroleum products.</p> <p ></p> <p >According to CME Group's FedWatch Tool, traders priced in a 17% probability of an interest rate hike in October and an 83% chance of an increase in December.</p> <p ></p> <table align="center" border="1" cellpadding="0" cellspacing="0" width="100%"> <tbody> <tr > <td colspan="4" > <p ><strong><span >Changes in Select Precious Metal Futures and Spot Prices</span></strong></p> </td> </tr> <tr > <td > <p ><strong><span >Metal</span></strong></p> </td> <td > <p align="center" ><strong><span >Price ($/oz)</span></strong></p> </td> <td > <p align="center" ><strong><span >Change ($)</span></strong></p> </td> <td > <p align="center" ><strong><span >Change (%)</span></strong></p> </td> </tr> <tr > <td > <p ><strong><span >Gold (December delivery)</span></strong></p> </td> <td > <p align="center" ><span >4,215.00</span></p> </td> <td > <p align="center" ><span >+58.00</span></p> </td> <td > <p align="center" ><span >+1.40%</span></p> </td> </tr> <tr > <td > <p ><strong><span >Gold (Spot)</span></strong></p> </td> <td > <p align="center" ><span >4,191.89</span></p> </td> <td > <p align="center" ><span >+59.39</span></p> </td> <td > <p align="center" ><span >+1.45%</span></p> </td> </tr> <tr > <td > <p ><strong><span >Silver (December delivery)</span></strong></p> </td> <td > <p align="center" ><span >60.58</span></p> </td> <td > <p align="center" ><span >+1.16</span></p> </td> <td > <p align="center" ><span >+1.95%</span></p> </td> </tr> <tr > <td > <p ><strong><span >Silver (Spot)</span></strong></p> </td> <td > <p align="center" ><span >60.5215</span></p> </td> <td > <p align="center" ><span >+1.35</span></p> </td> <td > <p align="center" ><span >+2.30%</span></p> </td> </tr> <tr > <td > <p ><strong><span >Platinum (Spot)</span></strong></p> </td> <td > <p align="center" ><span >1,685.07</span></p> </td> <td > <p align="center" ><span >+38.71</span></p> </td> <td > <p align="center" ><span >+2.35%</span></p> </td> </tr> <tr > <td > <p ><strong><span >Palladium (Spot)</span></strong></p> </td> <td > <p align="center" ><span >1,159.34</span></p> </td> <td > <p align="center" ><span >+30.74</span></p> </td> <td > <p align="center" ><span >+2.70%</span></p> </td> </tr> </tbody> </table> <div ><em class="ckeCaption">As of 8:19 AM Makkah time.</em></div>
- Publication
- Argaam - Main News · Trade Publication
- Published
- 9th October 2026
- Original report
- argaam.com
ProcIntel stores what the source published in its feed — a headline, a summary and a link. It does not store or reproduce the full article.
What ProcIntel recorded
ProcIntel-derived- Category
- Geopolitical Risk
- Geography
- Saudi Arabia
- Organisations
- None identified
- Collected
- 9th October 2026 · 07:56
Initial assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.
A provisional, automatically computed reading of this individual Signal, before Event extraction or human review. Not a final rating.
Initial Significance Material (60.0/100). Strongest contributor: Procurement Impact (27.0/30 points). Limiting factor: Entity Criticality (4.0/20 points). Initial Confidence Moderate (58.75/100, data sufficiency: Sufficient, Sufficient via independent_corroboration). Strongest contributor: Source Authority (20.0/40 points). Limiting factor: Corroboration (10.0/25 points).
- Strongest contributor
- Procurement Impact
- Limiting factor
- Entity Criticality