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2026-10-19T14:25:45.000Z

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Gold gains on falling oil and rate outlook

Gold gains on falling oil and rate outlook

Gold prices rose today, Monday, supported by a decline in oil prices which could ease inflationary pressures. Investors are closely watching the U.S. Federal Reserve's upcoming decisions regarding interest rates. The price increased by 0.5%, reaching $4,185.70 per ounce in spot transactions, while December US futures climbed to $4,207.17. This increase reflects the market's anticipation of upcoming data and outlooks concerning US interest rate policies and their impact on inflation and global markets.

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