Fund Manager Calls Gold, Silver Selloff a Decade-Long Buying Opportunity
On 3 November in Washington, D. C. , fund manager Jen Bawden of Bawden Capital said the recent selloff in gold and silver presented a buying opportunity that could last a decade despite higher interest-rate pressures and geopolitical risks. The selloff followed a series of declines in silver that began in late October. On 28 October, analysts noted silver had slipped below $55 as oil prices rose and inflation expectations increased ahead of the Federal Reserve's October rate decision.
Subsequent reports described silver falling to year-to-date lows as investment demand waned and inventories grew, while gold remained near $4,000 per ounce. The metal then dropped nearly 9% in a week, testing $48-$50 support amid a technology-stock pullback, with some analysts pointing to ongoing AI investment as a potential demand driver. Further pressure came from weaker industrial demand, ETF redemptions and rising bond yields, leading analysts to recommend staggered buying and modest portfolio allocations. By early November, spot silver had reached about $48. 63 per ounce, its lowest since November 2025, prompting some analysts to view the move as a cyclical reset and a possible entry point for long-term investors.
