Gold bias flipped 22 times to neutral on October 5, 2026
Gold is being shaped by shifting Federal Reserve rate expectations, a U.S. dollar trading around fresh year-to-date highs, and elevated Treasury yields, with recent price action around $4,150 and following the U.S. jobs report. Attention on U.S.-Iran developments and continued central bank buying in 2026, which has nearly doubled gold's share of reserves, is also part of the backdrop.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It changed 22 times during the day.
The day on the wire
00:0006:0012:0018:0024:00
The band shows the reading through the day; a mark shows where it changed. Each tick is a headline first seen that day.
The reading through the day
- 00:00Neutral
- 00:15Bullish
- 01:00Weak bullish
- 01:25Bullish
- 02:11Neutral
- 04:22Weak bullish
- 04:47Neutral
- 05:12Weak bearish
- 06:57Neutral
- 07:32Weak bearish
- 08:27Neutral
- 10:57Bullish
- 12:27Weak bearish
- 12:42Neutral
- 14:42Weak bullish
- 15:12Bullish
- 16:12Bearish
- 17:01Weak bullish
- 18:26Weak bearish
- 19:01Bullish
- 19:46Weak bullish
- 20:41Weak bearish
- 21:21Neutral
Headlines (21)
First seen on October 5
- Deutsche Bank's Ghali says gold oversold and underowned, urges buying in interviewInvestingLive
- Gold edges higher after weekly slide as weak jobs data ease Fed hike betsInvesting.com
- Gold Rises as Softer-Than-Expected Inflation Data Tempers Rate-Hike BetsThe Wall Street Journal
- Markets Focus on Changing U.S. Interest Rate ExpectationsActionForex
- Gold holds gains above $4,150 as traders trim bets on Fed rate hikesFXStreet
- Gold Price Forecast: XAU/USD extends its struggle below $4,200FXStreet
- Silver Price Forecast: XAG/USD gains near $61.00 as Fed rate hike odds declineFXStreet
- Gold bulls remain on the sidelines as USD rallies to fresh YTD peakFXStreet
- A Debt Spiral, Breaking Point, Doom Loop and Hard Landing. Got Gold?Gold Eagle
- Gold price loses momentum as soft US jobs report fails to spark reboundInvestingLive
- Gold erases NFP gains as the focus remains on US-Iran developments. What's next?InvestingLive
- Gold struggles as dovish Fed repricing meets stronger US Dollar, elevated yieldsFXStreet
- Gold and Silver Are Rising Today. So Is the Dollar. That’s Rare.GoldSilver
- Why Are Central Banks Buying So Much Gold in 2026?GoldSilver
- Gold Reprices a Longer US-Iran War as 1979-Style Risk ReturnsInvesting.com
- Treasury Yields Are Tightening: What It Means for GoldGoldSilver
- Gold’s Share of Central Bank Reserves Nearly Doubled. A Top Banker Just Explained Why.GoldSilver
Carried over from earlier days
- Iran to reopen Strait of Hormuz within seven days if US accepts proposalTASS
- Top 50 mining companies take $264 billion hit as gold trade unwinds, lithium stocks exitMining.com
- Iran "Decision Week": Trump Teases "Easy Way Or Hard Way" As Tankers Burn, Rial Craters And Tehran's Oil Minister QuitsZeroHedge
- Asian gold producers hoarding the metal at home, from Laos refining to Indonesia's 15% taxInvestingLive
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Monday, October 5 | ||
| Final Services PMI | 58.7 | USD |
| ISM Services PMI | 55.1 | USD |
| Tuesday, October 6 | ||
| Unemployment Rate | 3.1% | CHF |
| ADP Weekly Employment Change | USD | |
| Trade Balance | -100.8B | USD |
| RCM/TIPP Economic Optimism | 44.5 | USD |
| FOMC Member Bowman Speaks | USD | |
| FOMC Member Schmid Speaks | USD | |