Gold wavered between a 0.4% gain and a 0.7% loss as traders assessed the Federal Reserve's rate path and negotiations to end the US-Iran war. A diplomat involved in the talks said reports that an agreement is close are inaccurate, while elevated energy prices keep inflation concerns alive. The Fed raised rates for the first time since 2023 in September, and traders price a 15% chance of another increase at the Oct. 27-28 meeting, even though most Fed officials have projected at least one more increase this year. Spot gold fell 0.4% to $4,123.97, silver rose 1.2% to $57.77, and the Bloomberg Dollar Spot Index edged down 0.2%.
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Related tickers and likely impact
XAU/USD
• NeutralRelevance: medium
| Market | Gold |
|---|---|
| Close on 10/20/2026 | 4,125.21 |
| Change that session | -0.38% |
PAXG/USDT
• NeutralPAX 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
• NeutralTether 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.
Related news
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