🥇 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

8 October 2026, 12:13

Market Wrap: A 4% surge in oil prices weighs on indices (08.10.2026)

8 October 2026, 10:00

Oil crashes the stock market party

8 October 2026, 06:50

Morning wrap: Wall Street and precious metals attempt to stabilize as oil gains nearly 2%

7 October 2026, 19:20

Daily summary: Wall Street recovers losses despite a surge in yields 🗽 Gold and silver retreat

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