Summary from Kitco News
Oct 7 (Reuters) – Gold declined to a two-month low on Wednesday, pressured by a strong US dollar and Treasury yields, while investors awaited the minutes of the Federal Reserve's September meeting to gauge the central bank's next policy steps.Spot gold fell 1.3% to $4,107.88 per ounce by 11:43 a.m. EDT (1542 GMT), touching its lowest level since August 5.
Why it matters
The day-to-day drivers of gold and silver — bond yields, the dollar, inflation data and investor flows — set what bullion costs to buy and what existing holdings are worth.
Market snapshot · Oct 8, 2026 02:13 UTCGold $4,139 +0.72%Silver $60.31 +0.80%
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