Gold December futures opened at $3,890 per troy ounce on Monday, down 0.2% from Friday's close, and rose slightly to $3,913.70 by 7:02 a.m. ET. The opening price was the lowest since October 3, 2025, as a sharp equities selloff led investors to sell gold to raise cash, according to Dana Samuelson of American Gold Exchange. He said the gold market was already weak and vulnerable, trading just above its major July support of $3,975, and its break below that level worsened the decline. Compared with a week, a month and a year earlier, the opening price was down 3%, 7.5% and 3.7%, respectively.
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Related tickers and likely impact
XAU/USD
▼ Likely negativeRelevance: high
| Market | Gold |
|---|---|
| Close on 10/30/2026 | 3,875.51 |
| Change that session | -3.63% |
PAXG/USDT
▼ Likely negativePAX 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 negativeTether 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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