Gold slips below $4,100 as rising oil lifts Fed hike bets: Oct 22, 2026
Gold declined to a one-week low near $4,100 as rising crude oil prices and higher yields reinforced expectations of Federal Reserve rate hikes. The move came alongside a softer U.S. dollar, with $4,100 described as near-term support and $4,200 as resistance.
Updated
This day is still open. Its readings are published once it closes. The live reading is on the Gold page.
Headlines (9)
First seen on October 22
Carried over from earlier days
- Gold braces for volatility amid recovery in bond yields, higher oil pricesFXStreet
- Gold’s $4,000 Floor Faces Oil-Yield Test as AI Haven Bid WaversActionForex
- Gold extends losses as rising Oil prices reinforce Fed rate hike betsFXStreet
- Gold Falls Amid Pressure From Rising Crude PricesThe Wall Street Journal
- Gold bears await $4,100 break amid oil-driven Fed hike bets and USD uptickFXStreet
- Chart of the day: Gold price eyes $4,100 support as $4,200 resistance keeps bulls in checkInvestingLive
- Gold Price Forecast: XAU/USD hits lows near $4,110 as yields, Oil pick upFXStreet
- BlackRock’s Hambro sees gold rising on debt and deficitsInvestingLive
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Thursday, October 22 | ||
| Summary of Monetary Policy Discussions | CHF | |
| Unemployment Claims | 200K | USD |
| CB Leading Index m/m | -0.1% | USD |
| Natural Gas Storage | 80B | USD |
| Friday, October 23 | ||
| Flash Services PMI | 57.9 | USD |
| Flash Manufacturing PMI | 55.4 | USD |
| Revised UoM Inflation Expectations | USD | |
| Revised UoM Consumer Sentiment | 46.3 | USD |