Gold’s Price Is Higher Off a 13-Month Low as PPI Comes In Line. Silver’s Price Isn’t.

October’s producer price report split the difference: cool enough to ease December rate-hike odds, hot enough on an annual basis to keep the Fed’s dilemma alive. Gold’s price edged up off a 13-month low. Silver’s price kept falling. Here’s the mechanism behind the divergence, and what would change it.
2026 Silver Deficit Forecast Shrinks; Tightness Eases

The Silver Institute has lowered its 2026 silver deficit forecast to about 35 million ounces. Here’s what changing demand, recycling, and investment flows reveal about physical availability and what the revision means for long-term silver owners.
