# Silver Plunges 6% as Gold Drops Below US$4,100

> Gold falls below $4,100 while silver drops 6% after US inflation beats forecasts.
- Title: Silver Plunges 6% as Gold Drops Below US$4,100 · The Rio Times
- Summary: Gold falls below $4,100 while silver drops 6% after US inflation beats forecasts. Gold dropped below $4,100 and silver plunged 6% on Wednesday as US…
- Keywords: gold, silver, us inflation, federal reserve, treasury yields, dollar, precious metals, glp fund, slv fund, gdx fund, pan american silver, buenaventura
- Source: The Rio Times — https://riotimesonline.com/gold-silver-precious-metals-wednesday-october-14-2026
- Author: Diego Fernández
- Published: 2026-10-15T00:50:17+00:00
- Read time: 1 min
- Topics: gold, silver, us inflation, federal reserve, treasury yields, dollar, precious metals, glp fund, slv fund, gdx fund, pan american silver, buenaventura
## Gold and silver drop sharply
Gold fell below US$4,100 and silver plunged about 6% on Wednesday 14 October, Kitco reported, after US inflation topped forecasts.

> Gold fell below US$4,100 and silver plunged about 6% on Wednesday 14 October, Kitco reported, after US inflation topped forecasts.
## Market funds lose value
The GLD gold fund lost 1.49% to US$375.99 and the SLV silver fund 6.11% to US$50.22, while the GDX gold miners fund fell 4.40% to US$83.40.

> The GLD gold fund lost 1.49% to US$375.99 and the SLV silver fund 6.11% to US$50.22, while the GDX gold miners fund fell 4.40% to US$83.40.
## US inflation rises
US inflation rose 3.7% in September, above the 3.6% forecast, lifting Treasury yields and the dollar and raising bets on Federal Reserve rate rises.

> US inflation rose 3.7% in September, above the 3.6% forecast, lifting Treasury yields and the dollar and raising bets on Federal Reserve rate rises.
## Latin American miners fall
Pan American Silver, with mines in Mexico and Peru, fell 4.94% to US$42.33, and Peru’s Buenaventura fell 3.11% to US$30.52.

> Pan American Silver, with mines in Mexico and Peru, fell 4.94% to US$42.33, and Peru’s Buenaventura fell 3.11% to US$30.52.
## Prediction markets react
Polymarket gives 80.5% that gold touches US$4,200 in October and 42% that it touches US$4,000 (US$271,213 traded, read at 8:25 pm ET on 14 October).

> Polymarket gives 80.5% that gold touches US$4,200 in October and 42% that it touches US$4,000 (US$271,213 traded, read at 8:25 pm ET on 14 October).
## Why metals fell
Higher US yields and a stronger dollar make metals that pay no interest less attractive.

> Higher US yields and a stronger dollar make metals that pay no interest less attractive.
## What matters next
Silver’s fall was four times gold’s, which matters to US holders of silver funds and to Mexico and Peru, two of the world’s main silver producers.

> Silver’s fall was four times gold’s, which matters to US holders of silver funds and to Mexico and Peru, two of the world’s main silver producers.
## What to watch
US retail sales on Thursday 15 October at 12:30 UTC are the next test for metals.

> US retail sales on Thursday 15 October at 12:30 UTC are the next test.
## Key takeaway

Gold dropped below $4,100 and silver plunged 6% on Wednesday as US inflation exceeded forecasts.