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Related tickers and likely impact
DXY
▲ Likely positiveRelevance: high
| Market | Currencies |
|---|---|
| Close on 10/16/2026 | 101.78 |
| Change that session | -0.20% |
XAU/USD
▼ Likely negativeRelevance: medium
| Market | Gold |
|---|---|
| Close on 10/16/2026 | 4,165.63 |
| Change that session | -0.13% |
BTC/USDT
▼ Likely negativeBitcoin
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.6T |
| Close on 10/16/2026 | 81,615.64 |
| Change that session | -0.77% |
EUR/USD
▼ Likely negativeRelevance: medium
| Market | Currencies |
|---|---|
| Close on 10/16/2026 | 1.12393 |
| Change that session | +0.16% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
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Spot gold slipped to $4,137.84 an ounce by 02:22 GMT, its third straight daily decline, while December futures fell 0.1% to $4,165.34. Brent crude stayed above $109 a barrel after hitting $110.70, a five-month high, on fears of Middle East supply disruptions following attacks on Saudi energy infrastructure that Yemen's Houthi group claimed. CME FedWatch showed markets pricing an 83% chance the Fed holds rates at its Oct. 27-28 meeting and 94% odds of a December rate increase. U.S. September CPI rose 3.7%, adding to inflation concerns. Spot silver gained 0.1% to $57.1325 an ounce and platinum rose 0.5% to $1,650.65.
- Gold Falls Below $4 , 150 Ahead of Federal Reserve Policy Meeting
Gold slipped below $4,150 per troy ounce on Monday after an early rise, as US inflation data and Federal Reserve projections kept the rate outlook in focus. The US consumer price index rose 0.6% in September from August and 3.7% from a year earlier, with gasoline supplying more than half the monthly increase, while the dollar strengthened. The Fed raised its target range to 3.75% to 4% on Sept. 16, and 12 of 18 policymakers projected a year-end midpoint of 4.125%, though those projections do not commit it to another hike. Gold pays no interest, so higher yields and the dollar partly explain its 8.5% drop in September, according to the World Gold Council.
- Will the Fed Raise Rates This Month? Here's What Markets Say.
The latest CPI report showed September inflation came in hotter than expected: headline CPI rose 3.7% year over year and 0.6% from August, while core CPI rose 2.6% year over year and 0.3% monthly. This suggests the Fed could hike for a second straight time at its Oct. 27-28 meeting. However, futures traders price an 85.1% chance the Fed holds its rate at 3.75% to 4% in October and a 74.1% chance it resumes hiking in early December. The two-year Treasury yield has eased to 4.73% from 4.93% in September, signaling lower expectations for hikes, though it remains above the current rate. The author notes that stocks tend to perform better when the Fed moves slowly, and sees new Fed Chair Kevin Warsh, in the role since May, as an incrementalist.
- Gold Prices Rise Above $4,200 in Futures Trading as Fed Rate Hike Expectations Ease
Gold rose above $4,200 an ounce in US futures on Monday as traders scaled back expectations of another Federal Reserve rate hike after comments from Chair Kevin Warsh. Spot gold gained 0.4% to $4,180.29, while US gold futures rose 0.5% to $4,200.92. The implied probability of a 25-basis-point hike at the next meeting fell below 20%, after US inflation data released the previous week exceeded expectations. Silver, platinum and palladium also gained, while the US Dollar Index was roughly flat at 101.80. ANZ maintains a positive long-term view and expects gold to rise above $5,000 an ounce during 2027, though elevated bond yields and a strong dollar could pressure prices in the near term.
- Dubai Gold Prices Rise Amid US Fed Rate Hike Uncertainty
Gold prices in Dubai edged higher on Monday as traders pared bets on a US Federal Reserve rate hike later this month, after remarks from Chair Kevin Warsh were read as favoring a pause. 24-karat gold traded at Dh504.25 per gram and 22-karat at Dh467, while 14-karat stayed below Dh300. Spot gold rose 0.42 per cent to $4,177.78 an ounce and silver gained 1.31 per cent to $57.56, while the chance of a quarter-point Fed hike fell below 20%. Gold has held above $4,000 an ounce since August and has seen gold-backed ETF inflows for 13 straight weeks, though it is still down roughly 20% since the US-Iran conflict began in late February.
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At the midday update on 19/10, domestic gold prices fell across the board by 500–800 thousand VND per tael. Early on 19/10, gold bars at SJC, PNJ, DOJI and Bao Tin Manh Hai were quoted at 140.6–143.6 million VND per tael, while Bao Tin Minh Chau was at 138.6–143.6 million. From 16/10, gold businesses must use non-cash payment for buy and sell transactions of 5 million VND or more per day under Decree 390/2026/NĐ-CP. Internationally, gold traded around 4,160–4,180 USD per ounce as investors watched U.S. economic data and the Fed's rate outlook, and the market still leans toward the Fed holding rates at its October 27–28 meeting. S&P Global's preliminary October composite PMI is being watched as a signal of inflation pressure.
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- Asia FX steadies as oil surge weighs on risk appetite, yen holds gains
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