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Gold Steadies Near $4,000 as Traders Await Fed Rate Decision

Gold holds near $4,000 an ounce ahead of a Federal Reserve interest-rate decision, while rising energy costs threaten mining margins and Indian jewelers delay purchases.

4 publishers · 12 articles · first seen 26 Oct 2026 · updated 7d ago

Headline and summary written by an AI model from the linked articles; not reviewed by a person. How this was made

This story has stopped developing; this page is its permanent record. More from that day

The odds

How the odds moved · 4,300 or above
0%50%100%36%28 Sept, 05:22 UTCnowBloomberg Markets: Gold Steadies Near $4,000 as Inflation Keeps Rate-Hike Bets Firm · 29 Oct, 23:32 UTCBloomberg Markets: Agnico Eagle (AEM) Flags Diesel Risk to Gold Output Costs Next Year · 29 Oct, 17:57 UTCBloomberg Markets: Iron Ore’s Drop Below $90 Tests High-Cost Supply as Losses Mount · 29 Oct, 02:41 UTCBloomberg Markets: India Jewelers Hold Off Gold Buying, Betting Prices Will Drop · 28 Oct, 00:21 UTCBloomberg Markets: Gold Holds Above $4,000 as Traders Look to Fed Rate Decision · 27 Oct, 23:36 UTCBloomberg Markets: Amundi Says ‘Worst Is Behind Us’ as Gold Flirts With $4,000 · 27 Oct, 08:54 UTCBloomberg Markets: Gold Steadies Above $4,000 With Fed Rate Decision in Focus · 26 Oct, 23:20 UTCMarketWatch: Why gold plunged to its lowest price in a year despite renewed Iran jitters · 30 Oct, 21:30 UTCTimes of India: Gold hits one-year low, silver slips below $50 as inflation fears bite · 30 Oct, 15:00 UTCTimes of India: India's forex kitty shrinks by $1.27 billion as gold reserves slide · 30 Oct, 14:38 UTCQuartz: Gold slips to a 4-month low as inflation raises fears of a Fed interest rate hike · 30 Oct, 13:40 UTCTimes of India: Gold prices have plunged: Should you buy yellow metal this Diwali? · 27 Oct, 10:51 UTC

Each tick is a source publishing on this story

Price data
TimeChance of yes
now36%
1 Nov, 20:57 UTC34%
1 Nov, 20:21 UTC33%
1 Nov, 19:52 UTC35%
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30 Oct, 15:06 UTC23%
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28 Oct, 12:43 UTC37%
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26 Oct, 14:30 UTC30%
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26 Oct, 03:06 UTC41%
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25 Oct, 09:07 UTC38%
25 Oct, 07:11 UTC36%
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23 Oct, 22:21 UTC36%
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23 Oct, 20:19 UTC35%
23 Oct, 18:22 UTC34%
23 Oct, 16:15 UTC34%
23 Oct, 15:41 UTC30%
23 Oct, 15:13 UTC29%
23 Oct, 14:51 UTC27%
23 Oct, 10:31 UTC30%
23 Oct, 06:39 UTC25%
23 Oct, 05:11 UTC30%
23 Oct, 04:57 UTC27%
23 Oct, 03:41 UTC29%
22 Oct, 23:20 UTC27%
22 Oct, 21:57 UTC28%
22 Oct, 19:23 UTC28%
22 Oct, 18:27 UTC26%
22 Oct, 15:50 UTC22%
22 Oct, 14:17 UTC41%
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22 Oct, 03:16 UTC42%
22 Oct, 00:59 UTC45%
22 Oct, 00:17 UTC45%
21 Oct, 22:31 UTC39%
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21 Oct, 20:57 UTC40%
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21 Oct, 13:26 UTC39%
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21 Oct, 05:27 UTC53%
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20 Oct, 18:45 UTC49%
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20 Oct, 07:19 UTC48%
1 Oct, 05:47 UTC48%
1 Oct, 05:20 UTC51%
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30 Sept, 22:21 UTC46%
30 Sept, 11:03 UTC43%
30 Sept, 10:36 UTC44%
30 Sept, 05:02 UTC43%
30 Sept, 00:10 UTC45%
29 Sept, 23:46 UTC47%
29 Sept, 23:23 UTC46%
29 Sept, 21:32 UTC48%
29 Sept, 20:26 UTC50%
29 Sept, 16:54 UTC44%
29 Sept, 06:12 UTC46%
28 Sept, 05:22 UTC53%

The story so far

4 publishers have covered this in 12 articles since 26 Oct 2026. Bloomberg Markets published first, on 26 October at 23:20 UTC; Times of India followed 11h 31m later. The most recent article, from MarketWatch, appeared on 30 October at 21:30 UTC.

Outlets reporting it: Bloomberg Markets (major outlet), Times of India, Quartz, MarketWatch.

One prediction market prices this story:

  • 4,300 or above — the market puts it at 36%, with $1k traded in the last 24 hours, closing 31 Dec 2026. The market resolves to Yes if the price of gold is above $4,300 per troy ounce at exactly 5:00 PM EST on December 31, 2026. It resolves to No if the price is $4,300 or lower at that specific time. Readers often mistake the resolution for a daily close or an average price over the day.

Odds are the market's probability that the outcome happens, updated every few minutes. They are information about what traders expect, not a forecast we make and not investment advice.

How it unfolded

Every source in the order it published, with the odds on 4,300 or above at that moment. A dash means the source published before we started tracking prices.

  1. Bloomberg MarketsGold Steadies Above $4,000 With Fed Rate Decision in Focus37%
  2. Bloomberg MarketsAmundi Says ‘Worst Is Behind Us’ as Gold Flirts With $4,00039%▲2 points since the previous source
  3. Times of IndiaGold prices have plunged: Should you buy yellow metal this Diwali?39%
  4. Bloomberg MarketsGold Holds Above $4,000 as Traders Look to Fed Rate Decision35%▼4 points since the previous source
  5. Bloomberg MarketsIndia Jewelers Hold Off Gold Buying, Betting Prices Will Drop35%
  6. Bloomberg MarketsIron Ore’s Drop Below $90 Tests High-Cost Supply as Losses Mount36%▲1 points since the previous source
  7. Bloomberg MarketsAgnico Eagle (AEM) Flags Diesel Risk to Gold Output Costs Next Year36%▼1 points since the previous source
  8. Bloomberg MarketsGold Steadies Near $4,000 as Inflation Keeps Rate-Hike Bets Firm30%▼5 points since the previous source
  9. QuartzGold slips to a 4-month low as inflation raises fears of a Fed interest rate hike34%▲4 points since the previous source
  10. Times of IndiaIndia's forex kitty shrinks by $1.27 billion as gold reserves slide27%▼8 points since the previous source
  11. Times of IndiaGold hits one-year low, silver slips below $50 as inflation fears bite27%▲1 points since the previous source
  12. MarketWatchWhy gold plunged to its lowest price in a year despite renewed Iran jitters23%▼4 points since the previous source
  13. Current odds36%

Sources

Every article we clustered into this story. Headlines link to the publisher.

  1. Gold Steadies Near $4,000 as Inflation Keeps Rate-Hike Bets Firm Bloomberg Markets ·
  2. Agnico Eagle (AEM) Flags Diesel Risk to Gold Output Costs Next Year Bloomberg Markets ·
  3. Iron Ore’s Drop Below $90 Tests High-Cost Supply as Losses Mount Bloomberg Markets ·
  4. India Jewelers Hold Off Gold Buying, Betting Prices Will Drop Bloomberg Markets ·
  5. Gold Holds Above $4,000 as Traders Look to Fed Rate Decision Bloomberg Markets ·
  6. Amundi Says ‘Worst Is Behind Us’ as Gold Flirts With $4,000 Bloomberg Markets ·
Show 6 more sources
  1. Gold Steadies Above $4,000 With Fed Rate Decision in Focus Bloomberg Markets ·
  2. Why gold plunged to its lowest price in a year despite renewed Iran jitters MarketWatch
  3. Gold hits one-year low, silver slips below $50 as inflation fears bite Times of India
  4. India's forex kitty shrinks by $1.27 billion as gold reserves slide Times of India
  5. Gold slips to a 4-month low as inflation raises fears of a Fed interest rate hike Quartz
  6. Gold prices have plunged: Should you buy yellow metal this Diwali? Times of India

Related prediction markets

Linked by software because they are about the same subject. Most ask a different question from the one this story reports, so read each market's own question. How often the link is right

  • Kalshi 4,300 or above 36% +8 $1k 24hends 31 Dec 2026

    Does the market have this right?

    Wrong market?

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In this story

  • Gold
  • Federal Reserve
  • Agnico Eagle Mines Ltd.
  • UBS Group AG
  • Amundi SA
  • India
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