Gold dips to $4,119 on oil-led inflation fears
Gold prices declined on Wednesday, as a rebound in crude oil rekindled inflation worries, while investors positioned cautiously ahead of the US Federal Reserve’s policy meeting next week.
October 21, 2026 (MLN): Gold prices declined on Wednesday, as a rebound in crude oil rekindled inflation worries, while investors positioned cautiously ahead of the US Federal Reserve’s policy meeting next week. Currently, spot gold is down 0.54% to $4,119.07 an ounce as of [10:14 am] PST, according to data reported by Mettis Global. DHF Capital S.A. CEO and asset manager Bas Kooijman said the yellow metal may...