Gold & Silver Morning Update 10/6/2025 | The Bregar Minute
A strong start to the week for the precious metals overnight, thanks to an explosive +4.75% gap-up opening for the CME-listed Nikkei futures following the election of dovish-policy-leaning Sanae Takaichi as Japan’s new LDP leader / prime minister. This rampant display of risk-taking lifted gold & silver for most of illiquid Asian trade (day 6 of the Chinese Golden Week holidays), after which we began to consolidate in Europe with sharp declines for EURUSD & the CAC40 following negative French political developments. Early NY trade saw algo selling out of the COMEX opening ranges for the precious metals as the S&P futures turned lower again, however a pop for palladium to new session highs (+2.9%) has now seen platinum reverse strongly back above its COMEX range…and is encouraging gold & silver to do the same. Up next are equity flows out of the S&P cash open; the next barometer for the overall risk mood in an otherwise very quiet calendar because of the continued US government shutdown. Euro/dollar and France’s CAC40 stock index continue to recover ahead of this.This material is provided strictly for informational purposes and should not be construed as investment, legal, tax, or financial advice. Precious metals and other investments involve risk and may not be suitable for all investors. Past performance is not a guarantee of future results, and market conditions can change without notice. The information presented is believed to be reliable; however, no representation or warranty, express or implied, is made as to its accuracy, completeness, or timeliness. No liability will be accepted for any loss or damages arising from the use of, or reliance on, this material. This publication does not constitute an offer, solicitation, or recommendation to buy or sell any product, security, or investment strategy. Readers should consult with independent financial, legal, tax, and other professional advisors before making investment decisions. All product names, trademarks, and company names mentioned are the property of their respective owners. Reference to them does not imply endorsement.
This material is provided strictly for informational purposes and should not be construed as investment, legal, tax, or financial advice. Precious metals and other investments involve risk and may not be suitable for all investors. Past performance is not a guarantee of future results, and market conditions can change without notice. The information presented is believed to be reliable; however, no representation or warranty, express or implied, is made as to its accuracy, completeness, or timeliness. No liability will be accepted for any loss or damages arising from the use of, or reliance on, this material. This publication does not constitute an offer, solicitation, or recommendation to buy or sell any product, security, or investment strategy. Readers should consult with independent financial, legal, tax, and other professional advisors before making investment decisions. All product names, trademarks, and company names mentioned are the property of their respective owners. Reference to them does not imply endorsement.