Gold holds above $4,000 on oil pullback

PSX Update • Oct 26, 2026

Gold rose on Monday as a pullback in oil prices eased concerns over inflation, with investors positioning ahead of the US Federal Reserve’s rate decision due later this week.

October 26, 2026 (MLN): Gold rose on Monday as a pullback in oil prices eased concerns over inflation, with investors positioning ahead of the US Federal Reserve’s rate decision due later this week. Currently, spot gold is up 0.24% to $4,004.43 an ounce as of [11:25 am] PST, according to data reported by Mettis Global. Oil prices retreated on Monday after climbing to nearly six-month highs late last week, though con...