Gold, Silver Slip as Bond Yields Climb Ahead of Fed Meeting

Gold and silver fell as bond yields pushed higher, with traders looking beyond the Fed’s near-certain rate reduction for cues on monetary policy next year. Treasury yields climbed, with investors facing a series of auctions beginning Monday and a Fed rate decision Wednesday that may alter 2026 policy expectations. Higher rates are typically negative for precious metals like gold and silver that pay no interest. Most Read from Bloomberg Kevin Hassett, a leading candidate to take over the role of Fed chai ...