S&P 5007,722.60▲0.6% Nasdaq26,477.81▲1.2% Dow52,377.57▲0.0% Russell 2K2,818.87▲1.2% 10-Yr4.99%+1bp VIX17.52−0.87 WTI$100.46▼1.3% Gold$4,079.60▲1.0% EUR/USD1.113▼0.4% BTC$76,987▼1.0% Nikkei64,131▲3.1%
At close · Wed, Oct 28, 2026
Daily Market Updates.

Forex

Home›Forex›Major Pairs›Gold bounces off multi-month low amid sustained USD se…

Gold bounces off multi-month low amid sustained USD selling; Fed hike bets might cap gains

Reported · Written up by our desk · Major Pairs

Gold (XAU/USD) stages a modest intraday recovery from the $3,965 region, or its lowest level since July 17, touched earlier this Friday, as the US Dollar (USD) selling remains unabated.

Latest closeGold $4,079.60 ▲1.0%

← Newer storyGold slides below $4,000 as Fed rate hike bets offset falling bond yi…

More like this

ForexinvestingLive Americas FX news wrap 30 Oct: It’s a wrap: Nasdaq tumbles as AI costs worry investors; Fed speakers keep hikes in play
ForexGold breaks $3,886 floor to new YTD low as Fed hawks press on
ForexVietnam: Strong growth complicates inflation fight – DBS
ForexJapanese Yen holds firm after BoJ’s hawkish hold
ForexSingapore Dollar: Rebound seen relatively capped against US Dollar – OCBC

Sources

FXStreetGold bounces off multi-month low amid sustained USD selling; Fed hike bets might cap gains

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.