Gold Slips Below $4,000 as Inflation and Oil Lift Fed Hike Bets
Gold fell below $4,000 an ounce on Friday as rising oil prices and stronger-than-expected US inflation strengthened expectations of another Fed rate hike in December.
Related stories
CENTCOM: Reached milestone this week helping Gulf export oil.
L impact | COMMODITIES | Oct 30, 2026, 11:40 AM UTC
Tech Worries and Oil Price Spike Weigh on Market Sentiment
Technology weakness and rising oil prices weighed on global sentiment at the week and month-end. Disappointing earnings updates revived concerns about AI spending and stretched val
M impact | MACRO | Oct 30, 2026, 11:35 AM UTC
IRGC Navy: Two oil tankers that switched off navigation systems were involved in incident, stopped south of Strait of Hormuz after ignoring radio warnings - Iranian Media.
L impact | COMMODITIES | Oct 30, 2026, 10:41 AM UTC
Palm Oil Prices Rise on Stronger Crude Oil Prices
Palm oil prices ended higher as stronger crude oil prices improved the outlook for biodiesel demand. Elevated Malaysian inventories limited gains, trader David Ng said.
M impact | COMMODITIES | Oct 30, 2026, 10:02 AM UTC
Gold Hits 3-1/2-Month Low on Fed Hike Fears
Gold is on track for a 3.8% monthly loss.
M impact | COMMODITIES | Oct 30, 2026, 09:34 AM UTC
US crude oil expected to average $86.60 per barrel in 2026 versus $83.90 forecast in September - Poll
L impact | COMMODITIES | Oct 30, 2026, 09:28 AM UTC