THE ASSAY
Your Precious Metals Market Letter
A GoldLocker Publication
Gold, silver, platinum, palladium — and the forces that move them. One letter a month on what actually moved the market, what the headline percentages are hiding, and what is worth watching next. Every figure is sourced, and we say so when the sources disagree.
Issues
Issue No. 2 · September 2026
A month that reversed August
All four metals fell as the Fed raised its target range by a quarter point and the dollar firmed. Brent crude reached $130.80 a barrel on Sept. 15 during the conflict with Iran, and the World Platinum Investment Council’s 2026 forecast for platinum swung from a deficit to a surplus.
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Issue No. 1 · August 2026
A strong month, and a confusing one
Gold climbed for three weeks on a weak jobs report and a national debt past $40 trillion, then slipped in the final week. Silver finished the month at its high, and platinum and palladium put in double-digit months of their own.
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The Assay is market commentary, not investment advice, and nothing in it is a recommendation to buy or sell any metal, bar or security.