10/22/2026
There is growing fear of resumption of soaring consumer prices, especially prompted by higher oil prices. China last month imported its highest quantities of coin since March.
That resulted in the Standard & Poors 500 Index falling more than -1% today and the NASDAQ declined -2.6%. As people fled stocks they shifted to bonds. The US Treasury 10-year interest rate yield fell below 5% to 4.96%, the first time it was below 5% since September 22. The US Dollar Index a couple minutes ago was 101.60, lower than it has closed since October 1.
Of course, in this market, precious metals prices were also clobbered today. At the COMEX close, gold fell to $4,024.25, silver dropped to its low close of the year at $54.62, platinum sank to $1,568.00, and palladium dipped to $1,058.00.
As of a couple minutes ago, if Liberty Coin Service were open, here were the bid and ask spot prices at which we would have calculated our buy and sell prices on physical precious metals products:
Gold: bid spot price $4,026.50/ask spot price $4,030.50
Silver: $54.46/$54.66
Platinum: $1,564.00/$1,574.00
Palladium: $1,042.00/$1,062.00
Liberty Coin Service will be open tomorrow normal hours 9:30 AM to 5:00 PM Eastern.
Send a message to learn more