Gold slipped as bond yields stayed high even though oil prices fell from a five-month high, with thin liquidity on Monday (Oct 19) and traders weighing the Fed's rate path. Bullion fell as much as 0.7% to US$4,136.71 an ounce during US trading, and spot gold was down 0.6% at US$4,140.66 an ounce in New York. TD Securities said the metal's weakness may persist in the near term, as hedge funds and money managers cut their bullish Comex bets. Traders priced a 17% chance of a rate hike at the Fed's meeting next week, after comments from chairman Kevin Warsh were read as supporting a steady rate in October.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on businesstimes.com.sg ↗
Keywords
Open a keyword to see other news on the same topic.
Related tickers and likely impact
XAU/USD
▼ Likely negativeRelevance: high
| Market | Gold |
|---|---|
| Close on 10/19/2026 | 4,140.75 |
| Change that session | -0.60% |
PAXG/USDT
▼ Likely negativePAX Gold
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $1.8B |
| Close on 10/19/2026 | 4,133.66 |
| Change that session | -1.08% |
XAUT/USDT
▼ Likely negativeTether Gold
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $3.4B |
| Close on 10/19/2026 | 4,134.00 |
| Change that session | -1.05% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Gold Reverses Early Gains as U . S . 10 - Year Treasury Yield Climbs to 5 . 15 %
Gold gave back an early Monday gain as the U.S. 10-year Treasury yield rose to 5.15%. The article cites two quotes: $4,182.30 an ounce, up 0.4% (Reuters), and $4,140, down 0.54% (FXStreet), reflecting different points in the trading day. The 10-year yield was 5.15% on Oct. 19, up 0.06 percentage point from 5.09% on Oct. 16, and FXStreet linked gold's late pressure to higher yields and a firmer dollar. Producer prices rose 1.3% in September, the largest monthly gain since March 2022, and 6.3% over 12 months. Fed minutes showed the target range was raised 0.25 percentage point to 3.75%-4%, with the next meeting on Oct. 27-28.
- Gold Prices Fall for Third Day as Oil Surge Fuels Fed Rate Hike Fears
Spot gold slipped to $4,137.84 an ounce by 02:22 GMT, its third straight daily decline, while December futures fell 0.1% to $4,165.34. Brent crude stayed above $109 a barrel after hitting $110.70, a five-month high, on fears of Middle East supply disruptions following attacks on Saudi energy infrastructure that Yemen's Houthi group claimed. CME FedWatch showed markets pricing an 83% chance the Fed holds rates at its Oct. 27-28 meeting and 94% odds of a December rate increase. U.S. September CPI rose 3.7%, adding to inflation concerns. Spot silver gained 0.1% to $57.1325 an ounce and platinum rose 0.5% to $1,650.65.
- Gold bar prices fall to lowest level in over two months
Domestic gold bar prices fell to around 142 million VND per tael this morning, the lowest since August 5, following the global decline. SJC was quoted at 139–142 million VND per tael, down 1.1 million from the previous close, and other brands adjusted similarly. Global gold closed the October 19 session at USD 4,139 per ounce and slipped to USD 4,135 this morning, equal to about 130 million VND per tael, leaving domestic prices roughly 12 million VND higher. Investors are awaiting monetary policy signals from the Federal Reserve's meeting next week, while a stronger US dollar and higher US Treasury yields add pressure.
- Gold Prices Rise Above $4,200 in Futures Trading as Fed Rate Hike Expectations Ease
Gold rose above $4,200 an ounce in US futures on Monday as traders scaled back expectations of another Federal Reserve rate hike after comments from Chair Kevin Warsh. Spot gold gained 0.4% to $4,180.29, while US gold futures rose 0.5% to $4,200.92. The implied probability of a 25-basis-point hike at the next meeting fell below 20%, after US inflation data released the previous week exceeded expectations. Silver, platinum and palladium also gained, while the US Dollar Index was roughly flat at 101.80. ANZ maintains a positive long-term view and expects gold to rise above $5,000 an ounce during 2027, though elevated bond yields and a strong dollar could pressure prices in the near term.
- Gold price prediction today : Will gold prices be range - bound ? Check outlook for October 19 , 2026 week
Motilal Oswal analyst Manav Modi says gold is seeing a range-bound bias, having fallen sharply from a September high of around Rs 163,000–165,000 and now consolidating near Rs 148,000. Immediate support is at Rs 147,500, then Rs 146,000–145,500, while resistance sits at Rs 148,800–149,000 and then Rs 150,000–150,500. Gold trades near $4,175 with a resilient tone, supported by ETF inflows of around 187 tonnes in August and September, Chinese demand, and central-bank buying estimated at 250–300 tonnes in Q3, though elevated real yields remain the main near-term headwind. Investors are watching the upcoming Fed meeting and PCE inflation data, as cautious comments from Fed Chair Kevin Warsh have cut expectations for an October hike below 20%.
- Gold Bar and Plain Gold Ring Prices at Midday 19/10 at SJC, PNJ, DOJI, Bao Tin Minh Chau and Bao Tin Manh Hai All Fall Together
At the midday update on 19/10, domestic gold prices fell across the board by 500–800 thousand VND per tael. Early on 19/10, gold bars at SJC, PNJ, DOJI and Bao Tin Manh Hai were quoted at 140.6–143.6 million VND per tael, while Bao Tin Minh Chau was at 138.6–143.6 million. From 16/10, gold businesses must use non-cash payment for buy and sell transactions of 5 million VND or more per day under Decree 390/2026/NĐ-CP. Internationally, gold traded around 4,160–4,180 USD per ounce as investors watched U.S. economic data and the Fed's rate outlook, and the market still leans toward the Fed holding rates at its October 27–28 meeting. S&P Global's preliminary October composite PMI is being watched as a signal of inflation pressure.
Related markets
Latest news
- 'Cannot play hide and seek': Singapore minister's warning over haze sends agricultural stocks lower
Shares of several Singapore-listed agricultural companies fell Tuesday after Senior Minister K Shanmugam warned they cannot escape responsibility for their possible role in the haze. Bumitama Agri fell as much as 6.5%, First Resources also dropped, while Golden Agri-Resources and Wilmar International slipped almost 2%. Shanmugam said seven companies had been questioned by the Singapore Exchange and that some fire or smoke sources appear linked to First Resources, Bumitama Agri and unlisted First Borneo Plantations. Singapore will use every legal and regulatory lever, including on financing and government incentives, and could amend or introduce laws urgently if needed, while hoping for full cooperation from Indonesia.
- Techcombank sets record date for 50% stock dividend
Techcombank's Board has issued a resolution to issue over 3.54 billion shares as a 50% stock dividend, where every 100 shares receive 50 new shares. The final record date is October 30, 2026, funded by undistributed retained earnings in the audited 2025 financial statements. Shareholders approved the plan with about 69.94% of votes in favor, and the State Bank of Vietnam approved a charter capital increase of up to VND 35,730.97 billion, including ESOP shares. After the dividend, the bank will offer nearly 29.97 million shares to employees at VND 10,000 each, with a one-year transfer restriction; completing both steps would bring charter capital to about VND 106,593 billion. In the first half of 2026, pre-tax profit reached VND 18,540 billion, up 22.5% year on year.
- If I Could Only Buy 1 Quantum Computing Stock With $1,000, It Would Be This One.
The author says that if limited to $1,000 for quantum computing, IonQ would be the pick, though as a speculative holding within a diversified portfolio. The technology could greatly speed up computing, but fragile qubits and high error rates mean widespread commercial use may be years away. IonQ uses trapped-ion technology, offers quantum-as-a-service, and partners with Nvidia; its first-half 2026 revenue rose 412%, yet free cash flow was negative $273 million, against about $2.1 billion in liquidity. The article calls its valuation, at 44 times price-to-sales, poorly aligned with its financial condition. It also warns the sector may face a shakeout like early internet search, putting smaller peers such as Rigetti and D-Wave at risk.
- Agribank cuts savings rates for several terms, top counter rate falls to 5.5% per year
Agribank has cut counter deposit rates for terms of six months and longer, lowering its top rate by 0.5 percentage points to 5.5% per year. The 6–11 month rate falls from 4% to 3.5% per year, the 12–18 month rate from 5.9% to 5.4%, and the 24-month rate from 6% to 5.5%. Rates for terms under six months stay unchanged. The move follows the State Bank of Vietnam's request that banks cut listed deposit rates by at least 0.5 percentage points for terms of six months or more, alongside measures to lower lending rates. Agribank, the system's largest deposit-taker, reported nearly VND 2.268 quadrillion in customer deposits in its Q2 2026 financial report.
- Bitmine Immersion Technologies And 2 Top Growth Stocks To Watch
The article examines three high-growth stocks against a backdrop of Nvidia's nearly $10 billion commitment to AI across Europe. Bitmine Immersion Technologies generates about $61 million from crypto mining, is still loss-making with a short cash runway, and its appeal rests largely on its ETH holdings and related services. Rocket Lab earns about $544 million from Space Systems and $225 million from Launch Services, and its outlook depends heavily on the Neutron rocket program, whose failure would put the whole company at risk. Seagate Technology Holdings, which makes storage for data centers with about $12.2 billion in revenue, is closely watched through its HAMR technology milestones of 50% and then 70% penetration.
- Gold and Silver Prices on Oct. 20 Fall Sharply: Phu Quy, Bao Tin Minh Chau Announce Major Changes
SJC gold at Phu Quy on October 20 was quoted at 138.5 million VND per tael to buy and 142 million VND to sell, down about 0.5 million VND from the previous day, while Phu Quy's 1kg silver bar was around 52.8 million VND per kg to buy. Bao Tin Manh Hai cut 24K gold products by 800,000 VND per tael and its 1kg silver bar by 800,000 VND per kg. Global gold traded around $4,135-4,136 per ounce and silver around $57.02, under pressure from U.S. September CPI up 3.7% and PPI up 1.3%. From mid-October, gold transactions of 5 million VND or more in a day must be paid by non-cash means, and Phu Quy accepts only transfers from bank accounts in the customer's own name, not e-wallets.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.