Gold climbed back above $3,900 an ounce on Monday as investors returned after its sharpest monthly decline since 2008, with spot gold up 0.7% to $3,902.81. A weaker US dollar, with the Dollar Index down 0.4% to 101.45, supported the recovery, while silver rose 2.6% to $50.4095 an ounce. The previous session saw gold fall 3.7% to a one-year low. ANZ said elevated bond yields were an obstacle to a sustained rebound, citing US consumer spending expanding at an annualised rate of 3.8%, though gold-backed ETFs attracted more than 50 tonnes of inflows in September even as US Treasury yields exceeded 5%. Oil prices fell for a second straight session after Secretary of State Marco Rubio said President Trump preferred a diplomatic settlement.
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Related tickers and likely impact
XAU/USD
▲ Likely positiveRelevance: high
| Market | Gold |
|---|---|
| Close on 10/30/2026 | 3,875.51 |
| Change that session | -3.63% |
PAXG/USDT
▲ Likely positivePAX Gold
Relevance: medium
| 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
▲ Likely positiveTether Gold
Relevance: medium
| 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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