🥇 Gold drops 1%

Gold drops around 1% at the beginning of a new week and tests local lows from the beginning of June. US dollar strengthening can be named as a reason behind the drop - EURUSD tested 1.21 area. Interestingly, gold drops and USD gains while US yields remain low - 10-year yield approaches 1.4%. FOMC will announce monetary policy decision on Wednesday, 7:00 pm BST. Today's move on gold and USD is somewhat puzzling as the market expects the Fed to maintain its dovish stance.

Source: xStation5

24 October 2025, 16:22

3 markets to watch next week (24.10.2024)

24 October 2025, 07:53

Chart of the day: GOLD (24.10.2025)

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🥇 Gold drops 1%

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