Gold holds firm as oil gains stoke inflation concerns
Gold prices were steady in international trade on Wednesday, as a rally in crude oil fed concerns over inflation and investors held back ahead of the US Federal Reserve’s interest rate verdict later in the day.
October 28, 2026 (MLN): Gold prices were steady in international trade on Wednesday, as a rally in crude oil fed concerns over inflation and investors held back ahead of the US Federal Reserve’s interest rate verdict later in the day. Currently, spot gold is up 0.42% to $4,029.31 an ounce as of [11:52 am] PST, according to data reported by Mettis Global. Oil prices moved up after a strike on a refinery in Saudi Arab...