Live updates: promos, term changes, new challenges, payouts.
XAU/USD is fluctuating around $4,000 on Tuesday and has already dipped below it, despite easing US rate expectations. Trading is taking place near $4,012, slightly above last week's three-month low of $3,975.
Gold fell below the round mark of $4000 per ounce for the first time since July, dropping to $3,986.85. The decline followed the collapse of US technology stocks: investors sold the metal to cover margin calls on other positions.
In the early hours of Friday, gold (XAU/USD) fell to $3,986 - below $4,000 for the first time since July. Before that, on Thursday, the metal lost 2.81% over the session. By midday the price had rebounded to $4,029, but gold is closing the week down more than 3%.
On Thursday, October 22, XAU/USD lost more than 2% and dropped to $4,047, and in the Asian session on October 23 it reached **$3,986.74** - the lowest level in three months. The $4,066.64-$4,227.90 corridor, in which the metal had traded for three weeks since the start of October, was broken to the downside.
The DXY dollar index (the dollar's exchange rate against a basket of major currencies) has fallen to a three-week low of around 101.50. Over the week, the dollar lost between 0.53% and 0.76% against each of the major currencies.
Overnight into Thursday, XAU/USD lost about 1% and moved to $4,095 - a one-week low. The reason is unusual: the market expects not a cut but a Fed rate hike in December, and money is leaving the metal that pays no interest.
XAU/USD touched a fresh weekly low: on Tuesday gold closed at $4,122 (-0.43%), and in the Asian session on Wednesday it traded around $4,115 (-0.2%). This is the fourth consecutive day of decline, all because the market expects the Fed to raise rates rather than cut them.
Gold slipped to $4,135 per ounce - the third declining session in a row. Two factors are weighing: the yield on 10-year US Treasuries has returned above 5.1%, and oil has risen almost 15% in two weeks.
XAU/USD rose to $4,165 at the start of the Asian session on Friday, October 16, ending a three-day losing streak. The trigger was a weaker dollar and a sharp drop in US Treasury yields
On October 15 at 15:30 Moscow time, the US released the producer price index for September (PPI - the prices at which factories and suppliers sell goods, that is, inflation at the input to the economy). The monthly increase was +1.3%: more than double expectations and triple August's +0.4%.
Gold declined for three consecutive days after higher-than-expected US inflation was released and dropped to $4,065 per ounce. On the morning of October 15, XAU/USD recovered part of the decline and returned above $4,150 amid a pullback in the dollar and bond yields.
Global exchange-traded funds backed by physical gold attracted $30.7 billion in the third quarter of 2026. This is the largest quarterly inflow in the entire history of observations, and metal holdings in the funds hit an all-time high.
On October 12, gold lost 1.49% and dropped from $4,217 to $4,163 per ounce. Pressure came from rising oil, a stronger dollar, and high US bond yields.
Gold is trading around $4,215 on Monday and holds above $4,200. The metal is supported by the largest inflows into gold ETFs in four years, central bank buying and a weaker dollar.
On October 9, gold gained more than 1.4% and rose to $4,207 per ounce, recovering from a daily low of around $4,130. The metal was supported by weak US consumer sentiment data, falling government bond yields, and a weaker dollar.
Gold is recovering for the second day in a row after falling to $4,066, a two-month low. By the morning of October 9, XAU/USD had risen to the $4,140-4,150 area, adding about 2% from the weekly low.
Gold declined after the publication of the minutes of the September Fed meeting. XAU/USD briefly dropped to $4,066, the lowest level in about two months, amid a stronger dollar and rising US bond yields.
The yield on 30-year US Treasury bonds has risen to 5.70%, the highest level since 2002. Rising yields increase pressure on gold, raise borrowing costs and make stocks less attractive relative to government debt.
Today at 21:00 MSK the Fed publishes the minutes of the September 15-16 meeting. The market will look in the document for details of the debate within the committee on inflation, the labor market and the further rate trajectory ahead of the next meeting on October 27-28.
On Tuesday, October 6, XAU/USD declined to $4,100, the lowest level in about two months. Gold has lost about 12% from its recent peak near $4,696, and the main pressure factor remains the strong dollar and high US bond yields.
XAU/USD rose to $4,227 on Friday but failed to consolidate above $4,200 and pulled back to $4,138. That is about a 1% decline for the day, despite a weak US labor market report.
Today, September 30, at 15:30 MSK, the US releases Core PCE. The forecast is 0.3% versus 0.2% a month earlier. The indicator is important for assessing the further trajectory of the Fed rate.
According to CME FedWatch, market participants estimate the probability of a Fed rate hike at the October 28 meeting at above 70%. The case is historically exceptional: in October before US elections, the Fed has never once raised rates.
XAU/USD dropped below $4,200 and hit a nearly two-month low. Gold is under pressure from expectations of further Fed rate hikes, high US Treasury yields and a stronger dollar.
