European Investor
11 Sep 2026, 09:29
Gold, Silver and Bitcoin Fall as Higher Yields Keep Pressure on Alternative Assets
Gold, silver and Bitcoin traded lower Friday as elevated Treasury yields and persistent uncertainty over the Federal Reserve’s interest-rate outlook continued to weigh on non-yielding and risk-sensitive assets.
December gold futures fell 0.51% to $4,384.70 an ounce, although prices recovered substantially from an intraday low near $4,350. December silver declined 0.66% to $64.50 an ounce after also rebounding from earlier losses.
Bitcoin was down 1.04% over the past 24 hours at around $77,151. The cryptocurrency briefly fell toward $76,500 before recovering, but remained well below the $78,000 area seen earlier in the period.
The moves come after Thursday’s stronger-than-expected U.S. producer inflation data pushed Treasury yields sharply higher and revived concerns that the Fed could maintain a tighter policy stance. Meanwhile, oil prices remain above $100 a barrel despite Friday’s pullback, keeping energy-driven inflation risks in focus.
Investors are now turning their attention to Friday’s U.S. consumer inflation data, which could provide the next major signal for Treasury yields, the dollar, precious metals and Bitcoin ahead of next week’s Federal Reserve meeting.
Gold, silver and Bitcoin traded lower Friday as elevated Treasury yields and persistent uncertainty over the Federal Reserve’s interest-rate outlook continued to weigh on non-yielding and risk-sensitive assets.
December gold futures fell 0.51% to $4,384.70 an ounce, although prices recovered substantially from an intraday low near $4,350. December silver declined 0.66% to $64.50 an ounce after also rebounding from earlier losses.
Bitcoin was down 1.04% over the past 24 hours at around $77,151. The cryptocurrency briefly fell toward $76,500 before recovering, but remained well below the $78,000 area seen earlier in the period.
The moves come after Thursday’s stronger-than-expected U.S. producer inflation data pushed Treasury yields sharply higher and revived concerns that the Fed could maintain a tighter policy stance. Meanwhile, oil prices remain above $100 a barrel despite Friday’s pullback, keeping energy-driven inflation risks in focus.
Investors are now turning their attention to Friday’s U.S. consumer inflation data, which could provide the next major signal for Treasury yields, the dollar, precious metals and Bitcoin ahead of next week’s Federal Reserve meeting.
