Gold prices on Kitco eased about 0.6% in the October 12 session to $4,172 an ounce, after a sharp rally the previous week. In the same session, SPDR Gold Trust, the world's largest gold fund, bought a net 2.3 tonnes of gold and now holds about 1,055 tonnes. Markets price in roughly a 17% chance of a Fed rate hike in October and an 87.7% chance of at least one hike before December, so gold is focused on whether upcoming September CPI data revives the year-end tightening path. The 10-year U.S. Treasury yield around 5.24% is also weighing on gold through real yields. Some analysts say gold may need to retest support near $4,000 an ounce, while another notes its rebound has lost momentum.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Quỹ vàng lớn nhất thế giới mua ròng hơn 2 tấn vàng trong một ngày
Related tickers and likely impact
XAU/USD
▲ Likely positiveRelevance: medium
| Market | Gold |
|---|---|
| Close on 10/12/2026 | 4,171.72655 |
| Change that session | -0.54% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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