CaratGold opens the week $28.80 lower at $4,348.20 an ounce
Silver added half a cent, platinum lost a dollar and palladium lost a dollar. The board's overnight range on gold ran from $4,339.30 to $4,384.30, a swing of $45.
Gold opens lower. Spot gold read $4,348.20 an ounce on Monday morning, $28.80 below its 18 September mark. Silver, platinum and palladium each moved by less than a dollar.
If you buy metal this week: Gold is $28.80 cheaper than Friday's mark. The other three are effectively unchanged.
If you price jewellery in gold: A 0.66% move does not reprice a ticket. The overnight range was $45 an ounce.
What this is not: A trend. One reading against one prior mark, with no weekly direction claimed.
| Metal | 18 Sep | 21 Sep | Change |
|---|---|---|---|
| Gold | 4,377.00 | 4,348.20 | -28.80 |
| Silver | 66.127 | 66.132 | +0.005 |
| Platinum | 1,796.00 | 1,795.00 | -1.00 |
| Palladium | 1,283.00 | 1,282.00 | -1.00 |
IGold does all the moving
One metal moved. Gold fell $28.80 an ounce, or 0.66%, against its 18 September mark. Nothing else on the board moved by more than a dollar.
The range was wider. The board's session high and low on gold were $4,384.30 and $4,339.30, a range of $45.00, larger than the net move.
IIThe ask sits above the bid
Two prices exist. At the same tick the ask read $4,350.20 on gold and $66.382 on silver, above the bid printed here.
A second board agrees. JM Bullion's pages, stamped three minutes later, publish the ask: $4,365.06 on gold, 0.34% above Kitco's.
IIILondon's last fix is Friday's
The fix lags. LBMA's newest published fixes are dated 18 September, so no London benchmark exists yet for this session.
Gold reads close. Friday's London PM gold fix of $4,348.15 sits five cents under Monday's screen bid, which is coincidence rather than confirmation.
01What would change this call+
A second reading at a different hour. Spot metal is a moving number and this one is a single tick; the direction here would be contradicted by any later tick that crosses back above the 18 September mark.
02Bid, ask and fix are three different numbers+
A screen bid is what a dealer will pay, a screen ask is what a dealer will sell at, and the difference between them is the spread, not a disagreement. A London fix is a third thing again: an auction-determined benchmark struck at a set hour and published once, which is why it can sit a long way from a screen price taken at another moment. Carat Capital's tape quotes the bid, and has done since 31 August 2026, so that every comparison across sessions is like for like. Comparing a fix with a screen quote, or a bid with an ask, produces a divergence that is arithmetic rather than news.
03Method · the desk’s arithmetic+
Kitco's board was fetched at press time and read out of the page's own embedded __NEXT_DATA__ blob rather than off the rendered page, bid quoted. The source's own tick stamps read 2026-09-21T06:04:56.9Z through 06:04:57.03Z; that stamp is the ET wall clock labelled Z, the same offset the tape recorded at its 05:00 filing. Kitco's own change fields agree with the arithmetic against the 18 September marks to the decimal on all four metals: -28.80 and -0.6580% on gold, +0.005 and +0.0076% on silver, -1.00 and -0.0557% on platinum, -1.00 and -0.0779% on palladium. All four readings differed from the 05:00 filing and all four were written back to the dated tape and to the file the dashboard renders in the same step, under the One-Price Rule; the two files were compared afterwards and match on every metal. Two of the four changed sign between those two readings, silver from -$0.112 to +$0.005 and palladium from +$1.00 to -$1.00, which is why the direction on those cells is small and not asserted as a session trend. The second door was JM Bullion's four spot-chart pages, stamped 06:07 EDT, three minutes after the Kitco tick; that source labels its own cells 'Ask' in its markup and its figures track the Kitco ask, as established on 2026-09-16. The four gaps were 0.34%, 0.98%, 0.29% and 0.02%, all inside the band recorded on prior sessions, so no divergence is disclosed and no mark was held. No market condition is claimed: the page carries both an open and a closed tooltip string pre-rendered in its raw HTML, so the displayed state cannot be read out of the bytes, and nothing here says the market was open, closed or thin. The LBMA gold PM series was fetched separately and its newest point is 2026-09-18 at 4,348.15; only that one feed was fetched and only the gold fix is printed.
Silver adds 4.87% to $66.835, highest mark since 31 August
The last time all four metals were re-read at press time, and what moved.
The trade, filed before the New York open.
Prices, tenders and the one story that moved the industry overnight. Ninety seconds.
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