Gold inches towards $4,180 on softer dollar

PSX Update • Oct 9, 2026

Gold prices edged up on Friday as a softer US dollar and falling Treasury yields made the metal more attractive, even as investors weighed persistent inflation worries and the outlook for US Federal Reserve interest rates.

October 09, 2026 (MLN): Gold prices edged up on Friday as a softer US dollar and falling Treasury yields made the metal more attractive, even as investors weighed persistent inflation worries and the outlook for US Federal Reserve interest rates. Currently, spot gold is up 1.84% to $4,179.79  an ounce as of [09:45 am] PST, according to data reported by Mettis Global. St Louis Fed President Alberto Musalem said...