Gold slipped below $4,150 per troy ounce on Monday after an early rise, as US inflation data and Federal Reserve projections kept the rate outlook in focus. The US consumer price index rose 0.6% in September from August and 3.7% from a year earlier, with gasoline supplying more than half the monthly increase, while the dollar strengthened. The Fed raised its target range to 3.75% to 4% on Sept. 16, and 12 of 18 policymakers projected a year-end midpoint of 4.125%, though those projections do not commit it to another hike. Gold pays no interest, so higher yields and the dollar partly explain its 8.5% drop in September, according to the World Gold Council.
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Related tickers and likely impact
XAU/USD
▼ Likely negativeRelevance: high
| Market | Gold |
|---|---|
| Close on 10/16/2026 | 4,165.63 |
| Change that session | -0.13% |
PAXG/USDT
▼ Likely negativePAX Gold
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $1.8B |
| Close on 10/18/2026 | 4,178.90 |
| Change that session | +0.57% |
XAUT/USDT
▼ Likely negativeTether Gold
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $3.4B |
| Close on 10/18/2026 | 4,178.07 |
| Change that session | +0.60% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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