November 9, 2026
Article from Kitco by Kitco NewsWire
Article Synopsis
Gold and silver prices rose as hopes for a diplomatic resolution to the U.S.-Iran conflict pushed crude oil prices lower and weakened the U.S. dollar. Lower energy prices eased inflation concerns, although stronger-than-expected U.S. jobs data increased expectations that the Federal Reserve could raise interest rates again in December. Investors are now watching upcoming inflation data for clues about the Fed’s next move and its potential impact on precious metals.
