Spot gold rose 0.9% to US$4,051.78 per ounce on October 27 after dipping to US$3,987.14 intraday, as lower oil prices eased inflation concerns and investors awaited the Federal Reserve's policy meeting. Analyst Peter Grant of Zaner Metals said softer oil could help gold by reducing pressure on the Fed to stay tight, while market focus stayed on Middle East news and negotiations. Jim Wyckoff of American Gold Exchange warned that a sustained rise in crude could fuel inflation and push central banks to tighten, which would weigh on gold. The Fed signaled it would not raise short-term rates this week, while CME's FedWatch tool shows an 83% probability of a December hike. In a Reuters survey, analysts cut their 2026 gold forecasts for a second straight quarter, citing high Treasury yields, a strong dollar and expectations of higher rates for longer, though they still see a recovery in 2027.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Vàng thế giới tăng gần 1% khi giá dầu hạ nhiệt trước cuộc họp Fed
Read the original on Vietstock ↗
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Related tickers and likely impact
XAU/USD
▲ Likely positiveRelevance: medium
| Market | Gold |
|---|---|
| Close on 10/27/2026 | 4,060.32 |
| Change that session | +1.07% |
PAXG/USDT
▲ Likely positivePAX Gold
Relevance: medium
| 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 positiveTether Gold
Relevance: medium
| 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% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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