Gold and Silver Slide as Yields Rise Ahead of Fed Minutes and Treasury Auction

Gold and silver prices fell in early trading as Treasury yields rebounded, the dollar firmed and oil climbed above $100 a barrel. Spot gold dropped 0.97% to $4,123.10 an ounce while silver slid 1.80% to $60.130. September’s weak jobs report (+29,000 payrolls) was offset by rising services inflation readings.