Shares of precious metal-related companies are trading higher as bond yields and oil prices retreat, which alleviates pressure on the physical gold and silver markets.

Shares of precious metals-related companies are trading lower. Elevated energy costs, dollar strength and rising Fed rate-hike expectations are eroding the price outlook for traditional inflation hedges such as gold and silver.

Hot PPI Sinks Gold, Freight Stocks: 10 Names To Watch Thursday

August PPI ran hot at 5.4%. Gold fell 2%, the 10-year hit 4.90% and economists split on a September Fed hike.

First Majestic Silver Reports Drill Results From San Dimas, Including 2,604 g/t Silver And 43.08 g/t Gold Over 0.88m True Width At Sinaloa-Elia And 2,625 g/t Silver, 58.25 g/t Gold Over 1.30m At Luz Vein

RBC Capital Reiterates Outperform on Alamos Gold, Maintains $42 Price Target

RBC Capital analyst Josh Wolfson reiterates Alamos Gold (NYSE:AGI) with a Outperform and maintains $42 price target.

Shares of precious metal-related companies are trading higher amid a rise in gold and silver in response to falling Treasury yields and a weakening dollar. Fed Governor Waller's comment that he is inclined to support holding interest rates steady may contribute to the metals' rally.

Shares of precious metal-related companies are trading higher as yields and dollar strength flatten. Investors may be turning to safe-haven assets due to inflation concerns and escalating conflict in the Middle East.