Gold enters the coming week with investors focused on U.S. housing, jobs and business activity data, which could shape expectations for Federal Reserve interest-rate policy. Bullion rebounded above $4,150 an ounce after pressure from stronger-than-expected U.S. inflation data, higher Treasury yields and a firmer dollar, while silver traded near $57 an ounce. Markets still favor a Fed pause at its October 27-28 meeting, though expectations for another rate hike before year-end remain elevated. Key releases include weekly jobless claims (199,000 in the latest report), the S&P Global Composite PMI Flash (previous 58.4) and the final University of Michigan Consumer Sentiment reading, after a preliminary reading fell to 48.1 from 51.0 in September.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on kitco.com ↗
Related tickers and likely impact
PAXG/USDT
• NeutralPAX Gold
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $1.8B |
| Close on 10/15/2026 | 4,158.19 |
| Change that session | +0.85% |
XAUT/USDT
• NeutralTether Gold
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $3.4B |
| Close on 10/15/2026 | 4,153.45 |
| Change that session | +1.01% |
XAU/USD
• NeutralRelevance: low
| Market | Gold |
|---|---|
| Close on 10/16/2026 | 4,165.63 |
| Change that session | -0.13% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Gold prices today, Monday, October 19, 2026: Little change in gold prices as oil sailed to May highs
December gold futures opened at $4,185 per troy ounce, up 0.1% from Friday's close, and were at about $4,190.50 by 7:06 a.m. ET. Brent crude remained above $110 a barrel at the open after first topping that level since May on Friday, but slipped back after President Trump announced waivers on sanctions and tariffs on Russia to boost its oil exports. Compared with one week, one month and one year ago, the opening gold price was 0.8%, 4.5% and 3.8% lower, and the article says high oil prices have not changed expectations that the Fed will keep rates steady next month.
- Iran threatens to use the 'father of all missiles' to strike adversaries' energy facilities
Major General Mohammad Reza Naqdi, senior adviser to the IRGC commander, said at a rally in Sari on October 18 that Iran has prepared the most advanced missiles and will respond to any aggression. He warned that energy infrastructure and investments belonging to powers Tehran deems aggressive in the region could fall within Iranian missile range. His remarks answered US President Donald Trump's threat to use the GBU-43/B MOAB, often called the 'mother of all bombs' and weighing about 14 tons, against Iran's energy infrastructure and nuclear sites. Naqdi said Iran also possesses these bombs, having seized some that failed to detonate in the 12-day war, and called Trump's impatience a 'public admission of defeat'.
- China goes for gold amid rising geopolitical tensions : Report
The PBOC is reportedly added 23 tonnes of gold in September 2026, its largest monthly purchase in nearly three years, extending its buying streak to 23 consecutive months and lifting holdings to about 2,410 tonnes. The article says Beijing has taken a cue from Western freezing of Russian reserves after 2022, since dollar- and euro-denominated assets held abroad can be exposed to sanctions, whereas domestically stored gold carries no foreign issuer's liability. It stresses China is not abandoning the dollar but reducing dependence on a system Washington and its allies influence. World Gold Council data showed net central bank purchases of about 39 tonnes in August after 23 tonnes in July. Still, gold pays no interest, can suffer sharp corrections and cannot match the dollar's liquidity or US Treasury markets, and a stronger dollar or higher real rates could weigh on prices.
- Gold Edges Up As Oil Prices , Yields Dip
Spot gold rose 0.2% to $4,171.62 an ounce and U.S. gold futures gained 0.2% to $4,190.15, as market expectations for a Federal Reserve interest rate hike in October diminished. The dollar held firm while the euro weakened after nationwide protests in France over living costs turned violent. Treasury yields fell after Fed Chair Kevin Warsh expressed optimism about U.S. economic resilience and AI's impact on growth and productivity.
- UK profit warnings hit two - year high as Iran conflict drives up energy costs
Profit warnings from London-listed businesses rose to their highest level in nearly two years over the summer, with 65 issued compared with 59 in the second quarter, according to EY. More than half of companies blamed geopolitical uncertainty, with 38 per cent citing the continuing Middle East conflict, while others pointed to cancelled or delayed contracts and weaker consumer confidence. Housebuilders issued six warnings in the period, bringing the year-to-date total to 14, more than the 10 issued at the height of the 2008 financial crisis. EY said cost and interest rate pressures are weighing heavily on housebuilding, and that boards acting early will retain more options as policy changes and external shocks become more frequent.
- Higher for longer : why low rates are relics of the past
The RBA has warned that intense global competition for capital from AI and data centre companies is pushing up the neutral interest rate, so borrowers should expect rates to stay higher for longer. The cash rate of 4.6% is the highest in 15 years, and markets see another hike by mid-2027 as almost fully priced, with no cuts expected before mid-2028. A 12-year-high term premium is also tightening financial conditions. Commonwealth Bank chief economist Luke Yeaman argues that heavy government and AI-related spending makes rate hikes less effective, so the RBA may have to hit households harder, and warns that fiscal stimulus would be a serious mistake. HSBC chief economist Paul Bloxham urges further federal spending cuts, noting federal spending hit 26.9% of GDP in 2025/26, the highest in 40 years excluding COVID-19.
Related markets
Latest news
- Duong Son Ba Arrested, Hai Phong Thermal Power Loses Lawsuit and Must Pay VND 115 Billion to Partner
Hai Phong Thermal Power (HND) disclosed an appellate ruling in a coal supply dispute with Dan Ka Mineral, under which the court accepted the plaintiff's appeal and ordered the company to pay nearly VND 115 billion, including a coal price difference of over VND 80.15 billion and interest of over VND 34.65 billion. The dispute stems from a 2021 contract, with disagreement over price adjustments after global coal prices rose sharply in 2022. Duong Son Ba, the company's general director, was arrested on 21 May 2026 over alleged forgery of documents of an agency or organisation, and the board dismissed him from the post on 13 October, with no successor yet announced. In the first half of 2026, the company reported net revenue of nearly VND 6,081 billion, up 8%, and after-tax profit of over VND 508 billion, up nearly 25%.
- Strategy on verge of golden cross, just weeks after bitcoin flashed same bullish signal
Strategy (MSTR) is about to form a golden cross, when its 50-day average rises above its 200-day average, possibly as early as Monday, just weeks after bitcoin showed the same bullish signal. The company holds $69.81 billion in bitcoin, and its stock has had two earlier golden crosses followed by big rallies: from $15.57 in September 2020 to $127.29 by February 2021, a 717% gain, and from $25.29 on March 2, 2023 to a peak of $473.83 in November 2024, up 1,774%. The article stresses the signal is unreliable, though: since 1999 MSTR has had 19 golden crosses, and only 10 were followed by a higher price 12 months later, a 50% hit rate, with a median 12-month return of just 3.3%. The two worst cases, in 2001 and 2007, were followed by a 61% loss.
- Director of the HCMC Institute of Economics, Natural Resources and Environment: Four major corporations have raised plans to invest in Vietnam, but pulled back when asked about power capacity
At a seminar co-organized by Tien Phong newspaper and the HCMC Department of Construction on October 16, TS. Phạm Viết Thuận said the city should treat infrastructure as an integrated system rather than focusing only on transport. He argued that 11 main and 13 secondary infrastructure categories, including power, water drainage, industrial zones and logistics, need to be synchronized for the city to develop its economy. To address flooding, he proposed surveying 159 flood-prone points and building ecological lakes at major spots. He also noted that four large corporations had considered investing in Vietnam but withdrew when asked about grid power capacity. Department director Trần Quang Lâm said capital mobilization and land policy need further study, while traffic congestion, flooding and pollution remain the city’s top priorities.
- Live updates: Bitcoin tags $83,000 and slips back as chip stocks lead a rebound
Bitcoin climbed from an overnight low near $80,700 to just above $83,000 early Monday, then slipped back to about $82,400 as sellers stepped in, and was up 0.3% over 24 hours. The bounce followed tech stocks, with Nasdaq 100 futures up 1.1%, snapping a weeklong 5.5% selloff, and an ETF tracking chipmakers jumping 3%. WTI crude recovered to $98.55 after touching $96.72, as the U.S. warned citizens across 12 Middle East locations of possible flight cancellations and airspace closures, raising fears of fresh strikes on Iran and disruption at the Strait of Hormuz. In Europe, the Stoxx 600 fell 0.8% after protests in France. Bitcoin would need to move through $84,000, its ceiling on October 13 and 14, to signal that the tech rebound is lifting it too.
- Baystreet . ca - When Might October Nasdaq Correction End ?
The Nasdaq Composite (QQQ ETF) is 6.96% below its 52-week high after falling 5.52% last week, close to the 10% threshold for a technical correction. The article says high oil prices, sustained by Iran's control of traffic through the Strait of Hormuz, keep September CPI and PPI rising, and that Iran wants higher oil prices to hurt the Republican Party before the midterm elections, so the correction in beaten-down stocks may continue. CoreWeave (CRWV) lost 25.21% last week, closing just 3% above its yearly low, while bears holding a 17% short float bet its $50 billion debt is unsustainable. Nebius (NBIS) fell 25% and Twilio (TWLO) dropped 15.6%, while Autodesk (ADSK), Salesforce (CRM) and Adobe (ADBE) drew buying. The article suggests volatility may ease after the midterms.
- Prediction: Archer Aviation Triples Its Revenue by 2028. Here's What That Would Mean for the Stock.
The author predicts Archer Aviation (ACHR) will more than triple its revenue by the end of 2028. Archer has barely generated $7 million in revenue over the last 12 months because its Midnight aircraft still lacks FAA approval for full commercial passenger operations, while analysts expect revenue of about $506 million by 2028. Potential upside includes a planned acquisition of three Boeing subsidiaries, one a profitable drone business with over $200 million in annual revenue, and a partnership with Anduril, including a UAE commitment to buy 50 Omen systems. Still, last quarter's operating expenses of about $284 million were more than half of projected 2028 revenue, so revenue growth alone would not necessarily send the stock soaring.
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.