Gold hit an all-time high of $5,400 per ounce at the start of 2026 but is in a correction, briefly falling below $4,000 on Oct. 24 for the first time since July. The article cites supportive long-term factors: supply growth of only 1% to 2% per year, a U.S. budget deficit of $1.8 trillion in fiscal 2025 and $2 trillion in fiscal 2026, and September CPI inflation of 3.7% annualized. Short-term pressure comes from the Federal Reserve’s 25-basis-point rate hike in September and signals of more hikes, while gold has averaged 7.2% annual returns over 50 years versus 11.9% for the S&P 500, despite a 64% gain in 2025. The author argues the SPDR Gold ETF, with a 0.4% expense ratio, may suit most investors better than physical gold because it is easier to buy and sell without storage and insurance costs, and stresses diversification.
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Related tickers and likely impact
XAU/USD
▼ Likely negativeRelevance: medium
| Market | Gold |
|---|---|
| Close on 10/29/2026 | 4,021.63 |
| Change that session | -1.13% |
PAXG/USDT
▼ Likely negativePAX Gold
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $1.7B |
| Close on 10/29/2026 | 4,014.37 |
| Change that session | -1.02% |
XAUT/USDT
▼ Likely negativeTether Gold
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $3.1B |
| Close on 10/29/2026 | 4,007.09 |
| Change that session | -1.03% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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