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Related tickers and likely impact
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% |
XAU/USD
▲ Likely positiveRelevance: medium
| Market | Gold |
|---|---|
| Close on 10/20/2026 | 4,125.21 |
| Change that session | -0.38% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
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SPDR Gold Trust, the world's largest gold fund, continued net selling of nearly 12 tonnes of gold in the 22/10 session, bringing total sales over 2 sessions to nearly 15 tonnes and cutting its holdings to about 1,046 tonnes. Spot gold fell more than 2.8% to around USD 4,025 per ounce at the close of 22/10, and briefly dipped below USD 4,000 per ounce in the morning session of 23/10. Tensions in the Middle East pushed crude oil prices higher, raising concerns about inflation and further Fed tightening, and gold has still not attracted sustained safe-haven demand even as US Treasury yields fell. US September CPI rose 0.6% month on month and 3.7% year on year, while PPI rose 1.3% and 6.3%. Markets price about an 84% chance the Fed holds rates steady at its 27-28/10 meeting and a 16% chance of a 25 basis-point increase; September PCE data due on 29/10 is the next key factor to watch.
- Gold Prices Continue to Fall
On the morning of 23/10, domestic gold prices kept falling, with SJC bar prices varying by seller and the premium over world gold widening. Công ty TNHH Vàng bạc đá quý Sài Gòn listed SJC bars at VND 139-142 million per tael (buy-sell), down VND 300,000; Phú Quý was at VND 138-141.8 million, down VND 500,000; and Mi Hồng at VND 140-141.5 million, down VND 800,000. Gold rings also fell by varying amounts, with DOJI at VND 138-142 million and Phú Quý at VND 138-141 million per tael. World gold dropped USD 129 to around USD 3,992 per ounce, equal to about VND 125.3 million per tael, leaving SJC bars about VND 16.7 million per tael above the world price. The State Bank's central rate was set at 25,627 VND/USD, down 5 dong, while Vietcombank quoted 25,660-26,040 VND/USD (buy-sell).
- Fed Preview: On Hold in October, Hiking Resumes Later
- Trump Accuses Iran of Seeking Higher Oil Prices Before U . S . Midterms
In a Thursday Truth Social post, President Donald Trump accused Iran of fabricating 'fake hits' and mines to push up global oil prices before the US midterm elections. He said oil flows through the Hormuz Strait had exceeded their pre-conflict level, but did not say where the alleged hits or mines had occurred. Reuters reported that Brent crude ended lower on Oct. 20 as traders assessed diplomatic contacts involving Iran alongside risks to Middle East energy supplies.
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Spot gold dipped 0.3% to $4,013.91 an ounce in Asian trade on Friday, after falling to a three-month low in the previous session. Oil prices kept rising after Yemen's Houthi group attacked targets in Saudi Arabia, with Brent crude reaching $114 a barrel, a fresh five-month high. Higher crude could keep inflation elevated and prompt central banks to stay restrictive for longer, which raises the opportunity cost of holding non-yielding gold. Recent US inflation data came in hotter than expected, and CME FedWatch shows a 78% probability of a December rate hike, although the Fed is widely expected to hold rates at its October 27-28 meeting. Gold was on track for a weekly loss of more than 3.5%, while silver fell nearly 6% on Thursday and platinum was flat at $1,567.10 an ounce.
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