December gold futures opened at $4,143.40 per troy ounce on Wednesday, October 21, 2026, flat from Tuesday, and slid to $4,132 by 6:28 a.m. ET. The opening price is down 1% from one week ago, 6.1% from one month ago and 5.2% from one year ago. Most expect the Fed to keep rates steady next week, but many still expect at least a 25 basis point increase after its December meeting. The article links the outlook to the war in Iran, which is fueling inflation concerns as Brent crude stays above $110 a barrel, and says higher rates could weigh on gold, which pays no interest to investors.
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Related tickers and likely impact
XAU/USD
▼ Likely negativeRelevance: medium
| Market | Gold |
|---|---|
| Close on 10/20/2026 | 4,125.21 |
| Change that session | -0.38% |
PAXG/USDT
▼ Likely negativePAX Gold
Relevance: low
| 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 negativeTether Gold
Relevance: low
| 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% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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