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Related tickers and likely impact
PAXG/USDT
▼ Likely negativePAX Gold
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $1.8B |
| Close on 10/27/2026 | 4,068.94 |
| Change that session | +1.28% |
XAUT/USDT
▼ Likely negativeTether Gold
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $3.2B |
| Close on 10/27/2026 | 4,060.79 |
| Change that session | +1.33% |
XAU/USD
▼ Likely negativeRelevance: low
| Market | Gold |
|---|---|
| Close on 10/27/2026 | 4,060.32 |
| Change that session | +1.07% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Gold price crashes over ₹38 , 600 from record high Whatll happen amid Diwali 2026 fervour ? Right time to buy ? Decoded
Gold on the MCX has fallen more than ₹38,600 from its record high of ₹1,80,779 per 10 grams set on 29 January 2026, with futures settling at ₹1,42,024 on Friday. Internationally, gold dropped around 4% in the week, its steepest weekly fall since June, and slipped below $4,000 an ounce for the first time since mid-July. Experts linked the sell-off to weakness in US AI-linked tech stocks, which triggered margin calls and forced investors to sell precious metals, alongside high crude prices and inflation concerns. Ponmudi R of Enrich Money sees ₹1,40,000 as a crucial support level, while Aamir Makda of Choice Broking expects consolidation or a mildly bearish bias heading into Diwali 2026.
- Gold silver rate today : Silver slips below ₹2 lakh amid selling pressure ; gold also declines
- Gold price outlook : Yellow metal prices cool 26 % from record high : What are Indians buying this Dussehra , Diwali ?
Gold has corrected more than 26% from its record high in January 2026, with spot gold at $4,145.22 an ounce, and Indian households are shifting toward lighter jewellery, coins, bars and ETFs during the festive season. Traders were pricing an 82% chance the Federal Reserve holds rates at its October 27–28 meeting, but an 89% chance of a hike in December. Net inflows into gold ETFs reached 2,596.70 crore rupees in August, while India's gold imports fell 45% from July to $2.3 billion. According to Rajeev Sharan of Brickwork Ratings, 24-karat gold traded near 1.48 lakh rupees per 10 grams, and high US rates are expected to limit any sharp near-term rally to around 5% either way.
- Why have fresh investments into gold FoFs been halted , and what should you do ?
About 20 mutual fund houses have reportedly halted fresh lump-sum investments, new SIPs and top-ups into gold fund of funds (FoFs) following regulatory directives issued on 15 and 16 October. The aim is to curb gold import demand and ease rupee pressure during the festive season, while direct gold ETF investments and existing active SIPs are unaffected. Navneet Damani of Motilal Oswal said high crude prices strain the rupee and balance of payments, so gold and silver imports could be curtailed, though import duties raised from 6% to 15% have not halted inflows. Gold FoF industry size stood at ₹47,359 crore in August, down from ₹53,638 crore in March, and experts advised investing based on needs rather than FOMO. Secondary-market sovereign gold bonds (SGBs) no longer qualify for tax-free maturity gains and now face 12.5% long-term capital gains tax.
- Gold climbs ₹400 to ₹1 . 5 lakh per 10 gm as festive buying elevates demand
Gold in Delhi rose ₹400 to ₹1,50,300 per 10 grams on Monday from ₹1,49,900 on Friday, as improving festive demand and firmer global trends supported prices ahead of Dussehra. Silver held steady at ₹2.15 lakh per kg. HDFC Securities' Saumil Gandhi said physical demand has improved, with gold trading at a premium last week for the first time in over three months, and retail buying is expected to strengthen before Diwali. Globally, spot gold traded at $4,175.57 per ounce and silver rose over 1% to $57.63, as easing crude oil prices and lower US Treasury yields eased inflation concerns.
- Akshaya Tritiya 2026 : Gold May See Near - Term Volatility , But Buy on Dip Outlook Holds - Motilal Oswal Financial Services
According to a Motilal Oswal Financial Services report, gold prices have risen nearly 10% so far in 2026, though prices swung sharply through the first quarter. Geopolitical tensions, slowing growth and uncertainty over US interest rates support gold's safe-haven appeal, while a stronger dollar and elevated bond yields have caused intermittent pressure. In India, high prices have subdued price-sensitive jewellery demand and pushed domestic prices to a discount, while China has seen stronger investment-led buying and Indian investors are gradually shifting toward ETFs. Citing World Gold Council data, central banks bought around 860-870 tonnes in 2025, a slower pace than in previous years, and global ETF demand has recovered. The report expects gold to trade within a broad range in the near term, with a constructive medium- to long-term outlook and a 'buy on dips' stance for investors with medium- to long-term horizons.
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Latest news
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Bitcoin rose 2% to just above $81,000 on Wednesday Asian morning, recovering from Monday's dip below $80,000 as traders positioned for the Federal Reserve's rate decision. Most major tokens also gained: HYPE jumped nearly 6% to just above $81, ZEC added 5% to about $1,300, DOGE rose 4%, and BNB and SOL each gained about 3%. Ether climbed 2% to about $2,360, XRP rose 3% to $1.32, and TRX gained about 1%. The bounce follows a Galaxy note saying now is the time to accumulate bitcoin, with its head of firmwide research, Alex Thorn, saying the bear market likely ended in June, when bitcoin traded under $58,000. The bigger test comes when Fed Chair Kevin Warsh holds his press conference, as traders look for any hint of a December rate hike that would make borrowing costlier and tends to pull money from riskier assets like crypto.
- Tesla's Free Cash Flow Just Turned Positive. Here's Why That's Only Half the Story.
Tesla reported $1.53 billion in third-quarter free cash flow, a swing from the $1.09 billion deficit in the prior quarter, but the figure fell 62% from a year earlier. The improvement came mainly from capital expenditure of $4.73 billion, well below analysts' expected $7.77 billion, rather than from stronger profits. Operating income fell 56% year over year to $718 million, and net income attributable to common shareholders dropped 43% to $787 million. CFO Vaibhav Taneja cut the 2026 capex outlook to about $20 billion from more than $25 billion, yet nine-month spending of $13.01 billion already more than doubled the prior-year level, requiring about $7 billion more in the fourth quarter. Tesla continues spending on AI, Optimus robots, Cybercab production and semiconductors, and has secured $30 billion in extra borrowing capacity that management does not expect to draw in 2026.
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Tesla closed up 4% at $407.46 on October 27 amid merger speculation. Elon Musk said the special committees of both companies have not agreed on terms, though he called a combination with SpaceX 'a good idea', and Tesla would need a 50% vote of all shares. SpaceX is the larger partner, with a market cap of about $1.96T against roughly $1.61T for Tesla, and Barclays upgraded Tesla on October 26, calling a merger a key part of the bull case. Critic Scott Galloway called the deal a 'real merger with a fake premise', arguing SpaceX's growth could be used to prop up Tesla's valuation. Premium estimates near $500 from Stocktwits and JPMorgan are only estimates, and nobody has made an offer.
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The average 30-year fixed mortgage rate for conforming loans (up to $832,750) fell to 7.37% from 7.41%, and total mortgage applications rose 3.4% last week, according to the Mortgage Bankers Association. Refinance applications were still 61% lower than a year earlier, as about half of borrowers have rates below 4%, while purchase applications rose 4% but were 18% below last year. The ARM share of applications climbed to 11.3%, the highest in more than a year, and the 5/1 ARM rate eased to 6.41%; ARMs are seen as riskier because they adjust to market rates when the fixed term ends. Potential buyers remain worried about the broader economy, and some agents say buyers are waiting for the midterm election results.
- Google alters its cloud playbook, enlisting partners to sell more AI chips
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