Gold Fund Slips 0.18% as Silver Fund Falls 0.79% | Gold & Silver, Oct 16
Spot gold traded near $4,168, down 0.05%. The GLD gold fund fell 0.18% to $382.01, while the SLV silver fund dropped 0.79% to $51.51. The GDX miners fund rose 0.79% to $87.71. Gold and silver prices were influenced by Fed rate pause hopes and higher oil prices, affecting inflation expectations. Key miners like Newmont and Pan American Silver saw gains, while Buenaventura declined.


