Gold futures bounce from 7-week lows as crude oil and rates slide.

Dan Deming details the latest price action in the metals markets as Gold futures bounce from a seven-week low, rising 1% to near the $4,200 level following yesterday's heavy selling pressure. He examines the macroeconomic drivers providing short-term support, including a slide in WTI Crude Oil futures and moving short-term interest rates. In the silver market, Deming notes prices are holding steady, maintaining stability off two-month lows last seen in early August.