Gold and silver prices rebounded on October 15 after a three-day losing streak, following a sharp selloff. While easing Treasury yields and a weaker dollar supported the recovery, shifting Fed rate expectations remain key factors to watch.
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Gold and silver prices rose on Thursday, October 15, after falling for three consecutive days, offering some relief after a sharp selloff. Gold prices rose 0.64% to $4,138.34 per ounce (at the time of writing), recovering from Wednesday’s 1.11% decline.
Silver prices gained 0.37% to $55.944 per ounce after plunging 6.29% the previous day. Here's what investors need to know and watch next.
Why were gold and silver prices falling?
| Date | Price ($/oz) | Open | High | Low | Change |
| 15 Oct 2026 | 4,138.34 | 4,111.73 | 4,161.81 | 4,111.42 | +0.64% |
| 14 Oct 2026 | 4,111.87 | 4,161.00 | 4,170.48 | 4,073.44 | -1.11% |
| 13 Oct 2026 | 4,157.95 | 4,171.69 | 4,200.64 | 4,147.01 | -0.33% |
| 12 Oct 2026 | 4,171.69 | 4,194.25 | 4,217.47 | 4,154.60 | -0.54% |
*Source: Investing.com; XAU/USD - Gold Spot US Dollar
Gold and silver prices came under renewed pressure following hotter-than-expected US consumer inflation data and shifting expectations for Federal Reserve interest rate hikes.
| Date | Price ($/oz) | Open | High | Low | Change |
| 15 Oct 2026 | 55.9440 | 55.7380 | 56.3755 | 55.6940 | +0.37% |
| 14 Oct 2026 | 55.7400 | 59.5290 | 59.5737 | 55.3896 | -6.29% |
| 13 Oct 2026 | 59.4845 | 60.3400 | 60.7550 | 58.8899 | -1.42% |
| 12 Oct 2026 | 60.3400 | 60.8300 | 61.4850 | 60.1263 | -0.81% |
*Source: Investing.com; XAG/USD - Silver Spot US Dollar
Manav Modi, Commodities Analyst at Motilal Oswal Financial Services, said gold pared its losses after New York Fed President Williams indicated that another rate hike could be appropriate this year, but that he currently sees no need for additional tightening in 2027. This suggested that the broader rate-hiking cycle could be nearing its end.
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