Spot gold rose in late U.S. trading Wednesday and spot silver recovered from earlier losses, helped by a softer dollar and easing crude prices despite inflation worries and expectations of more Fed tightening. Gold traded near $4,141.01 an ounce (up 0.66%) and silver near $57.976 (up 0.34%). U.S. data stayed weak: September housing starts fell 5.2% to 1.221 million units and pending home sales dropped 7.3%. December WTI settled at $97.15 a barrel, while tensions involving Iran and the Strait of Hormuz remain unresolved. U.S. stocks all closed higher, with the Nasdaq up 1.05% on tech gains.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Gold gains as Treasury yields stabilize , Nasdaq surges despite Fed tightening concerns - Kitco PM Report
Read the original on kitco.com ↗
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Related tickers and likely impact
XAU/USD
▲ Likely positiveRelevance: medium
| Market | Gold |
|---|---|
| Close on 10/21/2026 | 4,141.17 |
| Change that session | +0.39% |
PAXG/USDT
▲ Likely positivePAX Gold
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $1.8B |
| Close on 10/20/2026 | 4,122.25 |
| Change that session | -0.28% |
XAUT/USDT
▲ Likely positiveTether Gold
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $3.4B |
| Close on 10/20/2026 | 4,116.60 |
| Change that session | -0.42% |
QQQ
▲ Likely positiveInvesco QQQ Trust
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/21/2026 | 725.21 |
| Change that session | +1.06% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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