Daily brief · Thursday, August 14, 2025

Gold and silver slip on hot PPI and firmer dollar; platinum and palladium rebound

Gold closed at $3,343.85/oz (-0.61%) and silver at $38.32/oz (-0.75%) as reports tied the pullback to a hotter-than-expected U.S. Producer Price Index, which lifted the dollar and Treasury yields. Platinum ($1,353.00, +1.20%) and palladium ($1,140.00, +1.60%) finished higher on the day, while broader coverage stayed focused on gold’s macro drivers.

AI summaryWritten automatically with AI from 17 linked reports and our own price data, Oct 21, 2:04 AM ET. Each point links to its sources. Published without an editor’s review; not investment advice. How this page is made

Tone of the reports: Mixed

What happened

  1. Kitco News said gold prices fell after U.S. PPI jumped 0.9% in July, triggering selling pressure in precious metals.

    SourcesKitco News: Gold price takes a hit as U.S. PPI jumps 0.9% in July | Kitco News2: Hotter U.S. producer inflation data sparks sell offs in gold, silver3: Gold futures decline following hot PPI data despite dovish Fed ...

  2. Reuters reported gold slid as strong U.S. data pushed the dollar and Treasury yields higher, which cooled expectations for an extra-large Fed rate cut.

    SourcesReuters: Gold falls as hot US data lifts dollar, yields; cools hopes for jumbo Fed cut

  3. Kitco News noted spot gold was near session lows after U.S. weekly jobless claims data, adding to the day’s macro-driven trading.

    SourcesKitco News: Spot gold trades near session lows after U.S. weekly jobless claims ...

  4. Several items highlighted a policy/tariff risk: Reuters and others reported Swiss gold industry groups warned against a proposed U.S. gold tax in the wake of new U.S. tariffs on Swiss imports.

    SourcesReuters: Swiss gold industry warns against Swatch boss's US gold tax ...Earlier news service: SWISS gold industry warns against Swatch boss's US gold tax proposalLiveMint: Swiss gold industry warns against Swatch bosss US gold tax proposal

  5. An imported report framed the backdrop as a strong U.S. dollar pattern alongside softness in precious metals.

    SourcesEarlier news service: US DOLLAR Bullish Structure Contrasts With Softness in Precious Metals

  6. Outside the macro tape, Bloomberg reported Bolivia’s gold sales are helping it support public finances amid economic turmoil, underscoring ongoing official-sector/sovereign interest in gold flows.

    SourcesBloomberg: Gold Sales Help Bolivia Prop Up Finances Despite Economic Turmoil

Bull vs bear

The arguments the day’s reports made for each direction. We list them side by side; we don’t pick one.

The case for higher prices

The case for lower prices

Metal by metal

Gold $3,343.85 −0.61%

Kitco News and Reuters tied gold’s decline to hotter producer inflation and follow-through strength in the dollar and yields, which reduced enthusiasm for a bigger Fed cut. Separately, Reuters flagged talk of a possible U.S. gold tax proposal as a new headline risk for the Swiss gold trade.

Gold headlines

Silver $38.32 −0.75%

Kitco News said silver sold off alongside gold after hotter U.S. producer inflation data. Company news also stayed active: MarketWatch reported Aya Gold & Silver’s results improved as a Morocco plant began producing silver, and Investing.com cited Avino discussing volatility and macro pressures.

Silver headlines

Platinum $1,353.00 +1.20%

No report focused on platinum.

Platinum headlines

Palladium $1,140.00 +1.60%

No report focused on palladium.

Palladium headlines

The day’s reports

30 reports, most important first, New York time.

  1. 8:00 PM Kitco News · 8:00 PM▼ Reports a fall Gold price takes a hit as U.S. PPI jumps 0.9% in July | Kitco News Gold prices fell after the U.S. PPI report jumped 0.9% in July.
  2. 8:00 PM Bloomberg · 8:00 PM Gold Sales Help Bolivia Prop Up Finances Despite Economic Turmoil Gold sales are helping Bolivia support its finances despite economic turmoil.
  3. 8:00 PM Kitco News · 8:00 PM▼ Reports a fall Gold futures decline following hot PPI data despite dovish Fed ... Gold futures fell after hotter-than-expected PPI data despite a dovish Fed backdrop.
  4. 8:00 PM Earlier news service · 8:00 PM▲ Reports a rise CENTRAL BANK Buying to Buoy Gold & Silver Prices Central-bank buying is expected to support gold and silver prices.
  5. 1:55 PM Reuters · 1:55 PM▼ Reports a fall Gold falls as hot US data lifts dollar, yields; cools hopes for jumbo Fed cut Gold falls as strong U.S. data lifts the dollar and Treasury yields, cooling hopes for a larger Fed rate cut.
  6. 11:51 AM Kitco News · 11:51 AM▼ Reports a fall Hotter U.S. producer inflation data sparks sell offs in gold, silver Kitco News says hotter U.S. producer inflation data sparked selloffs in gold and silver.
  7. 5:22 AM Reuters · 5:22 AM Swiss gold industry warns against Swatch boss's US gold tax ... Reuters reports that Swiss gold industry groups are warning against a possible U.S. gold tax after new U.S. tariffs on Swiss imports.
  8. 5:16 AM LiveMint · 5:16 AM Swiss gold industry warns against Swatch bosss US gold tax proposal Swiss gold industry warns against Swatch boss’s proposal for a U.S. gold tax.
  9. 8:00 PM Kitco News · 8:00 PM▼ Reports a fall Spot gold trades near session lows after U.S. weekly jobless claims ... Spot gold traded near session lows after U.S. weekly jobless claims data.
  10. 8:00 PM Earlier news service · 8:00 PM▲ Reports a rise Gold extends rise on Fed rate-cut hopes, softer dollar Gold extended gains on hopes for Fed rate cuts and a softer dollar.
  11. 8:00 PM MarketWatch · 8:00 PM▲ Reports a rise Aya Gold & Silver 2Q Profit, Revenue Rise as Morocco Plant Drives ... Aya Gold & Silver reported higher second-quarter profit and revenue as its Moroccan plant began producing silver.
  12. 8:00 PM Earlier news service · 8:00 PM SWISS gold industry warns against Swatch boss's US gold tax proposal Swiss gold industry warns against Swatch boss's proposal for a U.S. gold tax.
  13. 8:00 PM Earlier news service · 8:00 PM▼ Reports a fall ASIA : Price retreat buoys demand in India; activity muted elsewhere A retreat in prices boosts demand in India while activity is muted elsewhere.
  14. 8:00 PM Earlier news service · 8:00 PM▼ Reports a fall US DOLLAR Bullish Structure Contrasts With Softness in Precious Metals A strong U.S. dollar is contrasted with weakness in precious metals.
  15. 8:00 PM Earlier news service · 8:00 PM Gold Consolidates; Easing Fed Rate-Cut Prospects May Weigh Gold is consolidating as reduced Fed rate-cut expectations may weigh on prices.
  16. 4:25 PM Kitco News · 4:25 PM U.S. debt risk is not priced in, and gold prices could skyrocket once investors do the math – Sprott’s Ryan McIntyre A Sprott executive says U.S. debt risk is not priced in and gold could surge if investors fully account for it.
  17. 7:54 AM Kitco News · 7:54 AM▼ Reports a fall Mild price pressure on gold, silver ahead of U.S. PPI Kitco News says gold and silver are under mild price pressure ahead of U.S. producer price data.
  18. 8:00 PM Investing.com · 8:00 PM Earnings call transcript: Avino Silver & Gold Mines Q2 2025 beats ... Avino Silver & Gold Mines discussed market volatility and macro pressures in its Q2 earnings call.
  19. 8:00 PM Earlier news service · 8:00 PM▲ Reports a rise THORSTEN POLLEIT : Economics Professor: The Gold Price Could Double in the Next .. An economics professor says the gold price could double in the next period.
  20. 8:00 PM Earlier news service · 8:00 PM INDIA : IBJA Launches 'Refinery Division' to Empower Precious Metals Refineries .. IBJA launches a refinery division to support precious metals refiners.
  21. 8:00 PM Earlier news service · 8:00 PM FT / SCHNELLMANN : The gold market is too important to be left to private clubs An FT opinion piece argues the gold market is too important to be left to private clubs.
  22. 8:00 PM Earlier news service · 8:00 PM GOLD : Range-Bound Trading Before Breakout Gold is trading in a range ahead of a potential breakout.
  23. 8:00 PM Earlier news service · 8:00 PM Gold Bull Run Is Not Over Yet, Each Correction Is A Buying Opportunity A commentary says the gold bull run is not over and that each correction is a buying opportunity.
  24. 8:00 PM Earlier news service · 8:00 PM CME GROUP : Micro Gold, Silver and Copper Products Report – August 2025 CME Group reports on its Micro Gold, Silver and Copper products for August 2025.
  25. 3:34 PM Kitco News · 3:34 PM You can take some profits on gold and remain bullish, says Tanglewood’s Tom Bruce A Kitco guest says investors can take some profits on gold and still remain bullish.
  26. 7:26 AM Kitco News · 7:26 AM Gold market analysis for August 14 - key intra-day price entry levels for active traders Kitco News gives gold market analysis and key intraday price entry levels for active traders.
  27. 8:00 PM Earlier news service · 8:00 PM REFINING : Museum artifacts rewrite the timeline of gold refining Museum artifacts are used to revisit the history of gold refining.
  28. 8:00 PM Earlier news service · 8:00 PM OPTIONS : An Income Generating Strategy for Gold Buyers An article outlines an income-generating options strategy for gold buyers.
  29. 8:00 PM Earlier news service · 8:00 PM SILVER : Proof in the Silver: Vikings Were Traders, Not Just Raiders The article discusses whether Vikings were traders rather than just raiders, using silver as the focus.
  30. 8:00 PM Earlier news service · 8:00 PM VAN ECK : From gold to US markets and AI: What VanEck’s Asia Pac CEO says about .. VanEck's Asia Pacific CEO discusses topics including gold, U.S. markets and AI.

How this page is made

Collected every hour. Summed up twice a day. Linked to the source.

Where the news comes from

  • Reuters and Dow Jones headlines for gold, silver, platinum and palladium, through TradingView
  • Kitco News and MetalsDaily
  • The World Gold Council
  • Google News, for wider coverage
  • A daily AI web search for anything the feeds missed

How the briefs are written

Every hour we collect new headlines. An AI model from OpenAI tags each one by metal, topic and importance and writes a one-line summary from its headline and teaser. It doesn’t read paywalled articles. On weekdays at about 8 AM and after the 5 PM New York close, it writes a brief from the most important reports and our own spot price feed. Every point cites the reports it came from. On Fridays it writes a recap of the week.

Who publishes it

Bullion Trading LLC is a physical precious metals dealer in New York’s Diamond District, in business since 2008. Prices on this page come from our own live feed and LBMA history. We buy and sell bullion, so read the briefs as market context, not investment advice. Briefs are published automatically, without an editor’s review. If you spot an error, tell us.