Gold's third-quarter average was $4,262 an ounce, about 23% above the same quarter of 2025, but it has fallen for two straight quarters from a first-quarter record of $4,872.90. The LBMA Gold Price PM was $3,913.25 on October 30. The World Gold Council linked September's decline to rising Treasury yields and the U.S. dollar after the Fed's rate increase, though the 10-year yield has since eased from 5.29% to 4.94%. Buying has held up, with gold-backed ETFs taking in a record $31 billion in the third quarter and central banks buying 289 tonnes in the second quarter. Four gold miners reported realized prices more than 20% above a year earlier.
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Related tickers and likely impact
XAU/USD
• NeutralRelevance: medium
| Market | Gold |
|---|---|
| Close on 10/30/2026 | 3,875.51 |
| Change that session | -3.63% |
PAXG/USDT
• NeutralPAX Gold
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $1.7B |
| Close on 11/01/2026 | 3,910.91 |
| Change that session | +0.30% |
XAUT/USDT
• NeutralTether Gold
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $3.1B |
| Close on 11/01/2026 | 3,893.72 |
| Change that session | +0.36% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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