Business · Markets · 1 day ago
Gold rises 1.5% after falling to a two-month low
Gold prices rose 1.5% to their highest level in a week.
Spot gold reached $4,194.36 an ounce, while US gold futures for December delivery settled at $4,216.30.
The rise followed a steep fall that took gold to a two-month low last Wednesday.
A stronger US dollar and higher Treasury yields had weighed on prices.
Buyers returned to take advantage of the recent decline, and gold was heading for a weekly gain of about 1.3%.
Other precious metals also advanced: silver rose 2.4%, platinum 3.1% and palladium 2.1%.
The figures point to a broad recovery across the major precious metals, though no further outlook is given.
Gold rose 1.5% to its highest level in a week as buyers took advantage of recent price declines.
Spot gold reached $4,194.36 per ounce and was heading for a weekly gain of about 1.3%.
U.S. gold futures for December delivery rose 1.4% to settle at $4,216.30 per ounce.
Gold had fallen to its lowest level in two months last Wednesday as the U.S. dollar and Treasury yields rose.
Silver, platinum and palladium also gained.
- Who
- Gold and other precious metals.
- What
- Gold rose 1.5%, while silver, platinum and palladium also increased.
- When
- The report was published on October 10, 2026.
- Where
- Not stated.
- Why
- Buyers took advantage of recent price declines; the earlier gold drop was linked to a stronger U.S. dollar and higher Treasury yields.
This story does not have two clearly opposing sides.
No direct quotes in the coverage so far.
Gold fell to its lowest level in two months amid a stronger U.S. dollar and higher Treasury yields.
Buying helped gold recover, with prices rising 1.5% to their highest level in a week.
- Spot gold
- $4,194.36 per ounce
- Weekly gold gain
- About 1.3%
- December gold futures
- $4,216.30 per ounce at settlement
- Spot silver
- $60.77 per ounce, up 2.4%
- Platinum
- $1,685.64 per ounce, up 3.1%
- Palladium
- $1,146.39 per ounce, up 2.1%






