Economic dataGovernment leaders

Gold falls below $4,000 as Oil surge deepens weekly rout ahead of Fed

FXStreet23 October 2026, 18:19 UTC

Gold (XAU/USD) price prolongs its agony, tumbling by nearly 0.60% on Friday and poised to finish the week with losses as higher energy prices increase the chances that major central banks could tighten monetary policy to control inflation.

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 on Economic data

Trump to lowers some Canada tariffs to help Maine lawmaker’s re-election bidSouth China Morning Post23 October 2026, 20:04 UTCCanadaEconomic dataThe Trump administration is expanding tariff exemptions to more Canadian products, a move that may help boost Republican Senator Susan Collins’ re-election campaign in Maine. Collins announced in a...
The inflationary vibe affecting bond yields — and odds of a rate hikeFinancial Post23 October 2026, 19:24 UTCCanadaEconomic dataRobert McLister: If an upcoming rate hike lands, the Bank of Canada will likely hint there’s more where that came from
Trump says wind turbine part imports cause national security issue, but doesn't impose tariffsThe Hill23 October 2026, 19:22 UTCUnited States of AmericaEconomic dataThe Trump administration has determined that imports of wind turbine parts pose a national security threat, but it does not appear to be opting to tariff them. President Trump issued a memo on Thur...
Trump to lower some tariffs against Canada, says Maine Senator Susan CollinsFinancial Post23 October 2026, 19:00 UTCCanadaGovernment leadersExemptions would apply to certain paper, plastics, machinery and some food products
Maine senator says ‘tariff exemptions’ coming for some Canadian goodsGlobal News23 October 2026, 18:59 UTCCanadaGovernment leadersRepublican Sen. Susan Collins says some 'tariff exemptions' will be granted on certain Canadian agricultural goods by U.S. President Donald Trump's administration.
Rare Earth Stocks Hit 52-Week Low As William Blair Says China Supply Optimism Is "Incorrect"ZeroHedge23 October 2026, 18:55 UTCPeople's Republic of ChinaEconomic dataRare Earth Stocks Hit 52-Week Low As William Blair Says China Supply Optimism Is "Incorrect" Our "Great Rare Earth Disconnect" note earlier this week highlighted the widening gap between elevated r...