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Related tickers and likely impact
XAU/USD
▼ Likely negativeRelevance: medium
| Market | Gold |
|---|---|
| Close on 10/23/2026 | 3,995.78 |
| Change that session | -0.72% |
PAXG/USDT
▼ Likely negativePAX Gold
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $1.8B |
| Close on 10/23/2026 | 4,003.77 |
| Change that session | -0.80% |
XAUT/USDT
▼ Likely negativeTether Gold
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $3.4B |
| Close on 10/23/2026 | 3,994.18 |
| Change that session | -0.89% |
DXY
▲ Likely positiveRelevance: low
| Market | Currencies |
|---|---|
| Close on 10/23/2026 | 101.74 |
| Change that session | +0.11% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Gold falls for fourth session as oil rally fuels inflation concerns
Gold prices fell for a fourth straight session on Wednesday as rising oil prices stoked inflation concerns, with Brent touching $111.99 a barrel on Tuesday, its highest since May 20. Spot gold slipped 0.1% to $4,119.37 an ounce, while silver fell 1.1% to $57.35, platinum dropped 0.6% to $1,639.47 and palladium lost 1% to $1,091.78. The Federal Reserve is widely expected to hold rates at its October 27-28 meeting, but traders saw an 88% chance of a December hike, per CME's FedWatch Tool, and investors await US PCE inflation data next week. Higher rates and a stronger dollar typically weigh on gold, which pays no interest.
- Silver price down nearly 60% from peak
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- World gold briefly drops below $4,000
Spot gold fell 0.6% to USD 3,998.49 an ounce on October 23, briefly dropping below USD 4,000 for the first time since mid-July, and was heading for its biggest weekly decline in over 4 months. Rising energy prices, with Brent crude hitting a 5-month high after Houthi attacks on Saudi Arabia, have fueled inflation worries and reinforced expectations that US interest rates will stay high. A tech-stock selloff also forced investors to post more margin, pushing them to sell gold and silver. According to CME's FedWatch tool, markets put a 92% chance on the Fed holding rates at next week's meeting and a 78% chance of a rate hike in December. Silver, palladium and platinum were also on track for weekly losses.
- Bullion extends losing streak to third day as crude tops $115 per barrel
Gold and silver prices fell for a third straight session in the national capital on Friday as rising crude oil and a stronger US dollar weighed on sentiment. The 99.9% pure gold dropped Rs 1,900 to Rs 1,46,100 per 10 grams, and silver fell Rs 5,500 to Rs 2,02,000 per kg, according to the All India Sarafa Association. Silver has lost Rs 30,000, or 13%, since September 30, and an HDFC Securities analyst said domestic gold hit its lowest level since early July. Globally, spot gold was flat at $4,024.37 per ounce after touching a cycle low of $3,986, while silver fell 1.41% to $53.83 per ounce. Analysts said crude oil was being pushed toward $115 per barrel, raising expectations that interest rates may stay elevated for longer.
- Gold And Silver Prices Fall In Delhi As Rupee Appreciation And Elevated Crude Oil Weigh On Bullion
Gold of 99.9% purity fell Rs 1,300 to Rs 149,000 per 10 grams in Delhi on October 21, 2026, while silver dropped Rs 1,600 to Rs 213,400 per kilogram, according to the All India Sarafa Association. The rupee rose 48 paise to 94.43 per US dollar on RBI intervention, and elevated crude oil prices weighed on bullion as hopes of an Iran peace deal faded. Spot gold was flat at $4,127.68 per ounce, while silver fell 0.48% to $57.72 per ounce.
- Gold , silver fall as higher crude oil prices revive rate - hike concerns
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