Gold bias flipped 16 times to weak bearish on October 8, 2026
Gold slipped to a two-month low near $4,100 amid a stronger U.S. dollar and a rise in the 10-year yield to 5.345%, with a sharp selloff also affecting silver. The metal has since attempted to rebound from under $4,110 support, with attention on geopolitics, shifting expectations for a December Fed hike, rising oil prices, and continued ETF demand despite an 8.5% price slide.
Updated
The reading that day
Weak bearishAt the close of the UTC day.
BearishNeutralBullish
It changed 16 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
- 00:00Bullish
- 00:09Bearish
- 00:59Weak bullish
- 01:19Neutral
- 02:24Bullish
- 02:39Bearish
- 03:25Bullish
- 04:55Neutral
- 07:16Bearish
- 08:56Neutral
- 10:26Bearish
- 10:51Weak bullish
- 13:32Weak bearish
- 17:12Neutral
- 18:17Weak bearish
- 20:12Neutral
- 23:47Weak bearish
Headlines (13)
First seen on October 8
- Gold falls to two‑month low near $4,100 on stronger US DollarFXStreet
- Gold Price Forecast: XAU/USD rebounds from two-month lows; will it sustain?FXStreet
- Could Gold’s Selloff Run Out of Road Below 4,000?ActionForex
- Gold 'hunts' stops under $4,110 support and rebounds: The bias remains neutral/bearish as oil risesInvestingLive
- Gold gains on geopolitics as Fed hike bets shift to DecemberFXStreet
Carried over from earlier days
- Gold Is Rising Today. A 24-Year-High Bond Yield Says It Shouldn’t Be.GoldSilver
- Gold Fell to a Two-Month Low Today. Then It Rebounded Before Lunch.GoldSilver
- India Gold price today: Gold falls, according to FXStreet dataFXStreet
- Gold ETF rush defies 8.5% gold price slidenorthernminer.com
- Gold Keeps Struggling Against the TideActionForex
- Gold: Dip buying case builds into 2027 – TD SecuritiesFXStreet
- Gold and Silver Shed $400 Billion in Minutes. Here’s What Really HappenedBeInCrypto
- Gold Selloff Deepens as 10-Year Yield Climbs to 5.345%Investing.com
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Thursday, October 8 | ||
| Gov Board Member Martin Speaks | CHF | |
| FOMC Member Waller Speaks | USD | |
| Unemployment Claims | 200K | USD |
| Final Wholesale Inventories m/m | 0.7% | USD |
| Natural Gas Storage | 79B | USD |
| 30-y Bond Auction | USD | |
| FOMC Member Musalem Speaks | USD | |
| Friday, October 9 | ||
| SECO Consumer Climate | -32 | CHF |