Gold trades at $4,185 on softer dollar, cheaper oil
Gold was steady on Monday as a subdued US dollar and cheaper crude oil lifted demand, with market participants positioning ahead of this week’s American inflation figures that could shape the Federal Reserve’s next move on interest rates.
October 12, 2026 (MLN): Gold was steady on Monday as a subdued US dollar and cheaper crude oil lifted demand, with market participants positioning ahead of this week’s American inflation figures that could shape the Federal Reserve’s next move on interest rates. Currently, spot gold is down 0.2% to $4,185.06 an ounce as of [10:35 am] PST, according to data reported by Mettis Global. With the greenback showing...