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
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Home›Forex›Major Pairs›Gold sinks as stock rout fails to spark haven demand

Gold sinks as stock rout fails to spark haven demand

Reported · Written up by our desk · Major Pairs

Gold (XAU/USD) extends its losses on Thursday, down over 1.20% as the US equity markets fall and investors rotate into defensive stocks, while solid US economic data reinforced speculation that the Federal Reserve (Fed) could increase rates in December.

Latest closeGold $4,079.60 ▲1.0%

← Newer storyGold falls near $4,000 as strong US GDP fuels Fed hike outlook

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Sources

FXStreetGold sinks as stock rout fails to spark haven demand

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