Economic data

Gold declines below $4,150 as elevated oil prices reinforce prospects of further Fed tightening

FXStreet20 October 2026, 23:24 UTCUnited States of America

Gold price (XAU/USD) edges lower to near $4,120 during the early Asian session on Wednesday. The precious metal extends its decline as elevated oil prices raise concerns about persistent US inflation and the prospect that the Federal Reserve (Fed) could keep interest rates higher for longer.

Read the full story at FXStreet Open in the live monitor

Related discussion groups

No group discusses this yet. Start a discussion group and attach this story.

More news about United States of America

Google activó en los autos una versión de Gemini que usa tu Gmail y tus fotosInfobae Americas21 October 2026, 01:45 UTCUnited States of AmericaLa función, que empieza en Android Auto, permite pedirle indicaciones o el estado de un vuelo sin tocar el teléfono
Dollar on back foot as US yields, crude prices dip; Aussie buoyed by hawkish RBACNA21 October 2026, 01:36 UTCUnited States of America
Műlábbal is dobogós lett a magyar fitneszversenyző24.hu21 October 2026, 01:33 UTCUnited States of AmericaGovernment leadersHazai sikerek és Mr. Olympia-sztár a a jubileumi, 25. Fitparádén. The post Műlábbal is dobogós lett a magyar fitneszversenyző first appeared on 24.hu.
En 1974, Houston utilizó una mezcla con cenizas de incineración para pavimentar un tramo de carretera; 3 años después, esta tenía un comportamiento similar al del asfalto convencionalClarín21 October 2026, 01:30 UTCUnited States of AmericaLos ingenieros compararon el sector con otro cubierto con asfalto.De esta manera, pudieron comprobar su resistencia y otras cualidades.
Dollar on back foot as US yields, crude prices dip; Aussie buoyed by hawkish RBAInvesting.com21 October 2026, 01:24 UTCUnited States of America
Moeder Democraat roept op níet op haar te stemmen: 'Ze is een leugenaar'RTL Nieuws21 October 2026, 01:22 UTCUnited States of AmericaDe al harde strijd om het gouverneurschap in de Amerikaanse staat Ohio is verder geëscaleerd. De moeder van de Democratische kandidaat roept in een spotje op níet op haar te stemmen. "Ze is een leu...
Florida executes man who killed deputy after fighting for gunCBS News21 October 2026, 01:17 UTCUnited States of AmericaFlorida carried out its 18th execution this year under Republican Gov. Ron DeSantis' aggressive use of the death penalty.
Trump criticized for again using term ‘Shylock’ during speech at a rallyTimes of Israel21 October 2026, 01:16 UTCUnited States of AmericaGovernment leadersUS president says ad portrays GOP senator from Kansas as a 'Shylock-type guy'; ADL warns against 'normalizing language that has long been used to target the Jewish community,' without naming Trump

More on Economic data

Japan shifting to wage-driven inflation phase, finance minister saysInvesting.com21 October 2026, 01:12 UTCJapanEconomic data
Japan shifting to wage-driven inflation phase, finance minister saysCNA21 October 2026, 00:54 UTCJapanEconomic data
Japan's Katayama says will coordinating with BoJ, no major divergence on inflation outlook, policyFXStreet21 October 2026, 00:51 UTCJapanEconomic dataJapanese Finance Minister (FM) Satsuki Katayama said on Wednesday that the government is coordinating closely with the Bank of Japan (BoJ) and there is no major divergence on inflation outlook and...
Presupuesto de Colombia para 2027: esto es lo que destinará el Gobierno De la Espriella a Salud, Deporte, Educación, Fiscalía y TransporteInfobae Americas21 October 2026, 00:50 UTCColombiaEconomic dataEl Gobierno y el Congreso acordaron una distribución de recursos destinada a sostener el funcionamiento del Estado, atender los compromisos de deuda y financiar inversiones
Japan posts bigger-than-expected trade deficit in Sept as export growth slowsInvesting.com21 October 2026, 00:26 UTCJapanEconomic data
Gold Steadies as Conflicting Iran Signals Cloud Path for RatesBloomberg Markets21 October 2026, 00:13 UTCIranEconomic dataGold held a decline as conflicting signals on efforts to end the Iran war clouded the outlook for inflation and the Federal Reserve’s path for interest rates.