Gold bias turned weak bullish on October 11, 2026
Gold is in focus amid reports of record gold acquisitions by China and continued stockpiling by central banks, alongside India's move to scrap key tax relief on precious imports. Tensions in the Middle East are also in the headlines, including a reported U.S. strike on a cargo vessel in the Gulf of Oman and Iranian warnings to ships transiting the Strait of Hormuz. Market commentary is additionally discussing gold's recent rebound and caution around price moves.
Updated
The reading that day
Weak bullishAt the close of the UTC day.
BearishNeutralBullish
It changed once 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
- 23:15Weak bullish
Headlines (18)
First seen on October 11
- China’s Gold Buying Spree Accelerates as Central Banks Keep Stockpiling BullionCryptoPotato
- US bombs cargo vessel in Gulf of Oman ‘trying to run Iran blockade’Al Jazeera
- Gold’s Rebound… and Washington’s Gold ThiefGold Eagle
- Gold’s a-Shiver in the Dark and Silver’s Seekin’ SparkGold Eagle
- Iran warns ships against transiting Strait of Hormuz with their navigation systems offTASS
Carried over from earlier days
- Gold rises over 1% as dollar weakens, Treasury yields retreatInvesting.com
- Gold advances to weekly high amid modest USD weakness; not out of the woods yetFXStreet
- China Splurges $2,895,995,400 on Gold in One Month As Global Central Banks Gobble Up 170 Tons of the Yellow Metal Year-to-Datedailyhodl.com
- Gold Futures Top $4,200 as Silver Breaks $60 - What Comes Next?Investing.com
- Gold Breaks Out as US Dollar Rally Cracks and Treasury Futures Find BuyersInvesting.com
- Gold: Short covering signals renewed bullish momentum - TD SecuritiesFXStreet
- Squeezed at the Pump, Steady in the VaultGoldSilver
- Gold and Silver Bounce After Trump Rules Out Pre-Election StrikesGold Eagle
- US Dollar Strength Is Becoming Gold’s Biggest Near-Term ConstraintInvesting.com
- Gold And Oil As Crisis Continues To Spread Across The EarthKing World News
- China Buys Record Amount Of Gold As India Panics, Scraps Key Tax Relief On Precious ImportsZeroHedge
- On the Brink of Something Nuclear - Michael Oliver's Warning for Gold & Silveryoutube.com
- Veteran Trader Gives Critical Warning for Gold PriceBeInCrypto
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Sunday, October 11 | ||
| Fed Monetary Policy Report | USD | |
| Monday, October 12 | ||
| FOMC Member Hammack Speaks | USD | |
| Bank Holiday | USD | |
| Tuesday, October 13 | ||
| FOMC Member Waller Speaks | USD | |
| NFIB Small Business Index | 98.0 | USD |
| ADP Weekly Employment Change | USD | |
| Existing Home Sales | 3.96M | USD |
| FOMC Member Barkin Speaks | USD | |