Gold briefly fell below $4,000 an ounce on Tuesday as investors weighed the U.S. interest-rate outlook ahead of the Federal Reserve's Wednesday decision and monitored U.S.-Iran diplomatic developments. At 05:58 ET, spot gold was 0.5% lower at $3,998.23 per ounce, while U.S. gold futures fell 0.6% to $4,013.17. Market pricing implies roughly a 10% probability of a rate increase at this week's meeting, though elevated energy prices keep expectations for further tightening before year-end. The Fed raised rates in September for the first time since 2023, and oil prices fluctuated amid renewed diplomatic efforts.
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Related tickers and likely impact
XAU/USD
▼ Likely negativeRelevance: high
| Market | Gold |
|---|---|
| Close on 10/26/2026 | 4,017.27 |
| Change that session | +0.54% |
PAXG/USDT
▼ Likely negativePAX Gold
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $1.8B |
| Close on 10/26/2026 | 4,017.66 |
| Change that session | +0.17% |
XAUT/USDT
▼ Likely negativeTether Gold
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $3.2B |
| Close on 10/26/2026 | 4,007.41 |
| Change that session | +0.19% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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