By The Rio Times | Created at 2026-10-16 01:11:21 | Updated at 2026-10-18 16:17:57
2 days ago
Key Facts
- The GLD gold fund rose 1.79% to US$382.71 on Thursday 15 October, after a 1.49% fall a day earlier.
- The SLV silver fund jumped 3.39% to US$51.92, while the GDX gold-miners fund gained 4.34% and the GDXJ junior-miners fund 4.64%.
- The dollar fund UUP fell 0.41% and the TLT Treasury bond fund rose 1.37%, which points to lower US yields and a softer dollar.
- Latin America-linked miners rallied: Agnico Eagle rose 5.96%, Newmont 3.79%, Pan American Silver 3.40% and Peru’s Buenaventura 2.06%.
- Prediction markets: Polymarket gives 83.0% that gold touches US$4,200 at some point in October and 83.5% that silver touches US$58 (US$300,936 and US$163,058 traded, read at 8:24 pm ET on 15 October). Bets, not polls.
Today’s Focus
Gold and silver rebounded on Thursday 15 October after Wednesday’s sell-off that followed hotter US inflation. The GLD gold fund rose 1.79% to US$382.71, and the SLV silver fund jumped 3.39% to US$51.92.
Trading Economics said gold recovered, helped by a softer dollar and retreating bond yields. We show exchange-traded funds that track the metals in US dollars, because they close with the US market.
Mining shares rose faster than the metals. The GDX gold-miners fund gained 4.34% to US$87.02.
What matters today. Metals fell hard on Wednesday and recovered on Thursday, so US investors in gold funds saw most of the loss reversed within a day.
01 The session in one read
Precious metals bounced after a bruising Wednesday, when the GLD gold fund fell 1.49% and the SLV silver fund 6.11%. The GLD fund gained 1.79% on Thursday and SLV 3.39%.
Mining shares led the move, which is typical when metal prices turn up. Agnico Eagle rose 5.96% to US$187.56 and Newmont 3.79% to US$115.79.
The platinum fund PPLT also gained 1.93% to US$14.76.
Assessment — A rebound on lower yields MEDIUM
The move matches a day of lower US Treasury yields and a softer dollar. Metals that pay no interest become more attractive when yields fall.
One day does not settle the trend, because hotter-than-expected US inflation of 3.7% still weighs on rate expectations.
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02 The board
The funds below track the metals in US dollars and close with the US market.
| GLD gold fund | 382.71 | +1.79% |
| SLV silver fund | 51.92 | +3.39% |
| GDX gold miners fund | 87.02 | +4.34% |
| GDXJ junior miners fund | 109.61 | +4.64% |
| PPLT platinum fund | 14.76 | +1.93% |
| UUP dollar fund | 29.00 | -0.41% |
Source: RT close, 2026-10-15. Where a commodity has no spot feed, an exchange-traded tracker or leading producer is shown as a labelled proxy.
Rio Times · Live Market Intelligence
Latin America — Cross-Market Board
Regional
Oct 15, 2026 · 21:51
Ibovespa · benchmark
204,324.26 -1.06%
L 167,142day rangeH 168,310
+21.85% over 12 months
Market breadth · 5 names
80% advancing
4 ▲ advancing1 declining ▼
Currencies, rates & key inputs
Latin America scoreboard
IndexLastTodayStrength
IbovespaBrazil 204,324.26 -1.06%
S&P/BMV IPCMexico 67,180.21 +0.58%
S&P IPSAChile 10,971.88 +0.05%
S&P MERVALArgentina 2,859,051 +0.82%
MSCI COLCAPColombia 2,580.50 -0.07%
BVL S&P PerúPeru 59,543.73 +1.12%
Full instrument board
| IBOV | 204,324.26 | -1.06% | +21.85% | 206,505.98 | 168,310 | 167,142 | — |
| IPSA | 10,971.88 | +0.05% | — | 10,966.21 | 11,210 | 10,984 | 1,513,213,483 |
| IPC MEX | 67,180.21 | +0.58% | +12.17% | 66,790.35 | 66,121 | 65,405 | 108,886,187 |
| MERVAL | 2,859,051 | +0.82% | +30.51% | 3,022,485 | 3,042,365 | 2,991,150 | — |
| COLCAP | 2,580.50 | -0.07% | — | 9.04 | 9.05 | 9.02 | 4,133 |
| BVL PERÚ | 59,543.73 | +1.12% | — | — | — | — | — |
| USD/BRL | 5.16 | +0.01% | -5.13% | 5.16 | 5.18 | 5.14 | — |
| EUR/BRL | 5.95 | +1.01% | -5.83% | 5.89 | 5.98 | 5.94 | — |
| USD/MXN | 17.06 | -0.24% | -8.58% | 17.10 | 17.08 | 17.01 | — |
| USD/CLP | 913.98 | +0.04% | -5.67% | 913.65 | 915.11 | 906.68 | — |
| USD/COP | 3,140 | +0.03% | -22.04% | 3,139 | 3,141 | 3,105 | — |
| USD/PEN | 3.36 | -0.66% | -4.82% | 3.38 | 3.38 | 3.35 | — |
| USD/ARS | 1,493 | +0.10% | +12.96% | 1,491 | 1,494 | 1,480 | — |
| USD/UYU | 40.27 | +1.24% | +1.80% | 39.77 | 40.27 | 40.23 | — |
| USD/PYG | 5,939 | +1.68% | -19.54% | 5,841 | 5,939 | 5,925 | — |
| USD/BOB | 11.64 | -0.76% | +72.04% | 11.73 | 11.72 | 11.64 | — |
| USD/DOP | 58.34 | +1.25% | -3.44% | 57.62 | 58.34 | 58.04 | — |
| USD/CRC | 445.92 | +0.89% | -9.71% | 441.97 | 448.50 | 445.92 | — |
Largest moves today
USD/PYG 5,939 +1.68%
USD/DOP 58.34 +1.25%
USD/UYU 40.27 +1.24%
BVL PERÚ 59,543.73 +1.12%
IBOV 204,324.26 -1.06%
EUR/BRL 5.95 +1.01%
USD/CRC 445.92 +0.89%
MERVAL 2,859,051 +0.82%
The session read
The Ibovespa eased 1.06%, with breadth positive — 4 of 5 names higher. BVL PERÚ led, while COLCAP lagged.
03 What moved it
Trading Economics reported that gold recovered as the dollar softened and bond yields retreated. It added that expectations of more aggressive Federal Reserve rate increases still weigh on sentiment after the hot inflation report.
The TLT bond fund rose 1.37% and the UUP dollar fund fell 0.41%, which fits that picture. US retail sales (forecast +0.3%), initial jobless claims (forecast 200,000, previous 197,000) and continuing jobless claims (forecast 1.71 million, previous 1.716 million) were due at 12:30 UTC.
We could not confirm the results, and the weekly EIA crude stocks change (forecast −0.3 million barrels, previous −3.186 million) and Cushing stocks change (previous +0.444 million) were also due on Thursday.
04 The Latin American read
Mexico is the world’s largest silver producer and Peru is among the top producers, so a 3.39% jump in silver funds matters to both. Peru’s Buenaventura rose 2.06% to US$31.15 in New York.
Newmont and Agnico Eagle both operate mines in Mexico, and Pan American Silver has operations across the region. Their gains show how metal prices flow into the region’s mining income.
05 The names to watch
Agnico Eagle, Newmont and Pan American Silver rose between 3.4% and 6.0%. Hecla Mining gained 4.43% to US$15.56.
Funds and miners are proxies rather than the metal itself. A miner can rise more than the metal when investors expect higher profits.
What Prediction Markets Say
Polymarket, a prediction market, priced the chance that spot gold touches US$4,200 at some point in October at 83.0%, US$4,300 at 43.5% and a dip to US$4,000 at 33.0%, with US$300,936 traded (read at 8:24 pm ET on 15 October). For silver, it priced a touch of US$58 at 83.5%, US$60 at 48.5% and a dip to US$54 at 44.5%, with US$163,058 traded.
These prices are bets, not polls, and they can move quickly on new data.
Why we show this: prediction markets turn real-money bets into a live probability that moves within minutes of the news, which is why investors, campaigns and newsrooms in the United States now follow them closely. We show them next to polls and official results, never instead of them.
06 The outlook
The next move depends on US yields and inflation expectations. A second day of falling yields would extend the rebound, while a renewed jump would put the metals back under pressure.
Silver’s larger swings, with the SLV fund down 6.11% on Wednesday and up 3.39% on Thursday, show that it is the more volatile of the two.
07 What to watch
- US yields: A renewed rise in Treasury yields would weigh on metals again.
- Dollar index: The UUP dollar fund fell 0.41% on Thursday; a rebound would cap gold.
- Fed expectations: Rate-increase talk after 3.7% US inflation remains the main risk for metals.
- US data: US industrial production for September is due at 13:15 UTC on Friday 16 October, with a forecast of +0.4%.
Background: Gold Slips to US$4,112, Silver Tumbles 5.51% as Yields Bite.
Background: US Inflation Hits 3.7% as Gold, Silver Fall.
More: Latin America news in English, every day from The Rio Times.
Frequently Asked Questions
Why did gold and silver rise on 15 October?
The GLD gold fund rose 1.79% and the SLV silver fund 3.39% as the dollar softened and US bond yields fell, according to RT fund prices and Trading Economics.
Why does this wrap use funds instead of spot prices?
We show exchange-traded funds that track gold and silver in US dollars, because they close with the US market and can be checked.
Which miners with Latin American ties gained most?
Agnico Eagle rose 5.96%, Newmont 3.79%, Pan American Silver 3.40% and Peru’s Buenaventura 2.06%.
What do prediction markets say about gold?
Polymarket priced 83.0% that gold touches US$4,200 in October, as of 8:24 pm ET on 15 October. These are bets, not forecasts.
Market data: RT/RT; macro context: Trading Economics; prediction markets: Polymarket.
Daily series
← Previous session: October 14, 2026
This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error · Editorial responsibility: Matthias Camenzind, Editor-in-Chief
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