Actual
4,133.52
Daily Change
-6.67 -0.16%
Monthly
-6.16%
Yearly
4.31%
Q4 Forecast
4,237.22
Gold - Summary

Gold steadied near $4,150 an ounce on Monday after facing pressure in the previous session, as weaker-than-expected US jobs data eased pressure on the Federal Reserve to raise interest rates further. Data released Friday showed the US economy added just 29,000 jobs in September, far below expectations for a 90,000 increase, following a downwardly revised gain of 133,000 in August. The unemployment rate rose to 4.2%, while annual wage growth unexpectedly slowed to 3.0%, its weakest pace since May 2021. Markets are now pricing in nearly an 80% chance that the Fed will keep policy unchanged this month, while expectations for a December hike remained around 69%. Meanwhile, elevated Treasury yields continued to weigh on precious metals, with the US 10-year yield hovering near its highest level since 2002. Traders also faced heightened Middle East risks as Saudi-backed Yemeni forces launched a full-scale military operation to retake areas controlled by the Iran-backed Houthis.

Gold - Stats

Gold fell to 4,138.48 USD/t.oz on October 5, 2026, down 0.04% from the previous day. Over the past month, Gold's price has fallen 6.05%, but it is still 4.44% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Gold reached an all time high of 5608.35 in January of 2026. Gold - data, forecasts, historical chart - was last updated on October 5 of 2026.

Gold - Forecast

Gold fell to 4,138.48 USD/t.oz on October 5, 2026, down 0.04% from the previous day. Over the past month, Gold's price has fallen 6.05%, but it is still 4.44% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Gold is expected to trade at 4237.22 USD/t oz. by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 4546.76 in 12 months time.



Price Day Month Year Date
Gold 4,135.44 -4.75 -0.11% -6.12% 4.36% Oct/05
Silver 60.96 0.597 0.99% -7.83% 25.54% Oct/05
Copper 6.51 0.0200 0.31% -3.37% 30.17% Oct/05
Steel 3,109.00 9.00 0.29% -0.48% 0.45% Sep/30
Lithium 122,800.00 -600 -0.49% -22.52% 66.96% Sep/30
Platinum 1,723.10 23.10 1.36% -6.50% 5.88% Oct/05
Iron Ore 91.35 -0.75 -0.81% -8.12% -12.47% Oct/02



Related Last Previous Unit Reference
United States Gold Reserves 8133.46 8133.46 Tonnes Jun 2026
Russia Gold Reserves 2282.98 2304.75 Tonnes Jun 2026
China Gold Reserves 2346.43 2313.46 Tonnes Jun 2026
India Gold Reserves 880.52 880.52 Tonnes Jun 2026
Germany Gold Reserves 3350.25 3350.25 Tonnes Mar 2026
France Gold Reserves 2437.00 2437.00 Tonnes Mar 2026
Italy Gold Reserves 2451.84 2451.87 Tonnes Mar 2026
United States Inflation Rate 3.40 3.40 percent Aug 2026
United States Fed Funds Interest Rate 4.00 3.75 percent Sep 2026

Gold
Gold is one of the most widely followed precious metals and is often regarded as a safe-haven asset during periods of economic uncertainty, inflation, and geopolitical risk. It plays a dual role as both an investment and a consumer good, with demand driven by financial markets, jewelry consumption, and industrial use. Gold is primarily traded on the over-the-counter London market, as well as on major exchanges such as the COMEX and the Shanghai Gold Exchange (SGE). Standard futures contracts typically represent 100 troy ounces. Globally, gold demand is led by jewelry consumption, followed by investment demand and a smaller share from industrial applications. On the supply side, China, Australia, the United States, South Africa, Russia, Peru, and Indonesia are among the largest producers. Major consumers of gold jewelry include India, China, the United States, Turkey, Saudi Arabia, Russia, and the United Arab Emirates. Gold prices displayed on Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments and are intended to provide a general market reference only. These prices do not represent official benchmark prices. The data is supplied by a third party and, while efforts are made to ensure its reliability, Trading Economics does not verify the data and makes no representations or warranties.
Actual Previous Highest Lowest Dates Unit Frequency
4138.48 4140.19 5608.35 34.83 1968 - 2026 USD/t oz. Daily

News Stream
Gold Steadies as Fed Rate Hike Bets Ease
Gold steadied near $4,150 an ounce on Monday after facing pressure in the previous session, as weaker-than-expected US jobs data eased pressure on the Federal Reserve to raise interest rates further. Data released Friday showed the US economy added just 29,000 jobs in September, far below expectations for a 90,000 increase, following a downwardly revised gain of 133,000 in August. The unemployment rate rose to 4.2%, while annual wage growth unexpectedly slowed to 3.0%, its weakest pace since May 2021. Markets are now pricing in nearly an 80% chance that the Fed will keep policy unchanged this month, while expectations for a December hike remained around 69%. Meanwhile, elevated Treasury yields continued to weigh on precious metals, with the US 10-year yield hovering near its highest level since 2002. Traders also faced heightened Middle East risks as Saudi-backed Yemeni forces launched a full-scale military operation to retake areas controlled by the Iran-backed Houthis.
2026-10-05
Gold Edges Lower on Friday
Gold traded around $4,140 an ounce on Friday even as weaker-than-expected US jobs data reinforced expectations that the Federal Reserve may keep interest rates unchanged at its upcoming meeting. The US economy added just 29,000 jobs in September, well below expectations of 90,000, following a downwardly revised gain of 133,000 in August. The unemployment rate rose to 4.2%, while annual wage growth slowed unexpectedly to 3.0%, its weakest level since May 2021. The softer labor-market data has further reduced expectations of an October rate hike. Money markets are now pricing in a near 20% chance of a rate increase this month, while the probability of a hike in December remains above 80%. Rate-hike expectations had already fallen following comments from Fed policymakers Vice Chair Philip Jefferson and New York Fed President John Williams, who indicated that policymakers should take more time to assess whether further rate increases are necessary to bring inflation under control.
2026-10-02
Gold Set for Weekly Drop
Gold held below $4,200 an ounce on Friday and were headed for a second consecutive weekly decline, pressured by higher oil prices amid concerns over a potential escalation in the US-Iran conflict. The metal also faced headwinds from a stronger dollar and elevated Treasury yields as investors assessed the latest Federal Reserve commentary and awaited a key US jobs report. Oil prices rose as the US considered deploying an additional aircraft carrier and 10,000 troops to the Middle East, raising the risk of further disruptions to regional energy supplies and renewed inflation pressures. Meanwhile, investors looked ahead to the September US jobs report, which could influence expectations for the Fed’s policy path. Minneapolis Fed President Neel Kashkari said it remains unclear how high interest rates will need to rise to bring inflation under control, emphasizing that the Fed must take the necessary steps to return inflation to its target.
2026-10-02