Gold rose on Monday as lower oil prices eased inflation concerns and bargain hunters returned after bullion's steepest monthly decline since 2008. Spot gold gained 0.6% to $3,900.05 an ounce, while silver rose 1.4% to $49.83 and platinum fell 3.4% to $1,434.65. The metal had plunged 3.7% in the previous session to a one-year low. Risks remain as Trump has repeatedly threatened to resume strikes against Iran after the midterm elections, and Tehran has warned of a broader retaliatory response. A tech-led stock selloff has also led investors to sell gold to cover equity losses.
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Related tickers and likely impact
PAXG/USDT
▲ Likely positivePAX Gold
Relevance: high
| 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: high
| 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% |
XAU/USD
▲ Likely positiveRelevance: high
| Market | Gold |
|---|---|
| Close on 10/30/2026 | 3,875.51 |
| Change that session | -3.63% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
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