Gold futures slip as dollar rises ahead of Fed minutes

1213 ET - Gold futures are lower as the U.S. dollar gains and the market looks to minutes of the Fed's latest meeting to gauge prospects for interest rates. "A more hawkish reading, showing persistent concern over inflation and limited appetite for easier monetary policy, could lift Treasury yields and the U.S. dollar, increasing the opportunity cost of holding non-yielding gold and creating near-term downside pressure," Naeem Aslam, chief investment officer at Zaye Capital Markets says in a note. A more dovish interpretation "could pull real yields lower and strengthen demand for bullion." Gold for December delivery is down 1.3% in New York at $4,132.20 a troy ounce. Silver is off 2.3% at $60.16 a troy ounce. (anthony.harrup@wsj.com) (END) Dow Jones Newswires October 07, 2026 12:13 ET (16:13 GMT) Copyright (c) 2026 Dow Jones & Company, Inc. The statements in this document shall not be considered as an objective or independent explanation of the matters. Please note that this document (a) has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and (b) is not subject to any prohibition on dealing ahead of the dissemination or publication of investment research.