Gold Climbs 1.56%, Silver Dips as Dollar Weakens
Gold rose to US$4,680 while silver futures lost ground on Monday as a falling dollar and lower real yields kept safe-haven bids focused on bullion. The post Gold Climbs 1.56%, Silver Dips as Dollar Weakens appeared first on The Rio Times .
On Monday, August 24, 2026, gold climbed 1.56% and silver slipped as the US dollar weakened. Gold closed at $4,648.40 per ounce, up 1.00%, while silver fell 0.16% to $68.75 per ounce. The gains in gold were driven by a softer dollar, lower US inflation and spending data, and reduced Treasury yields. Silver lagged behind gold's safe-haven rally, reflecting its heavier industrial demand and caution in cyclical markets.
Investors were positioning ahead of the Jackson Hole speech and upcoming US inflation data. For Latin American countries, Mexico is the world's top silver producer and Peru is among the largest, so silver prices directly impact their mining cash flows. The divergence between gold and silver highlights the market's focus on macro hedging versus industrial demand.
Written by urgent.news from The Rio Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
