Gold Price Today: $3,875 Sunday Week Ahead – 63% of…
By Tobi Opeyemi Amure
AI summary of the source article
Spot gold closed at approximately $3,875 an ounce on Friday, falling 3.74% over the week. A Kitco survey showed 63% of Wall Street analysts expect lower prices ahead, whereas 53% of retail voters anticipate a rise.
Why it matters
Gold pays no interest, so this week's numbers matter through one channel: what they do to Fed hike bets.
Key facts
- Spot gold ended Friday 30 October at about $3,875 an ounce, down 3.62% on the day and 3.74% on the week.
- Kitco's weekly survey revealed that 10 of 16 Wall Street analysts (63%) expect lower prices, while 53% of 184 retail voters expect higher prices.
- The Federal Reserve held interest rates at 3.75-4.00% on 28 October, with two officials voting for a hike.
Source excerpt · FinanceFeeds
Updated 1 November 2026. Spot gold ended Friday 30 October at about $3,875 an ounce, down 3.62 percent on the day and 3.74 percent on the week, after a weekly range of $4,082.50 to $3,870.25 (Kitco). Kitco's weekly survey shows the professionals turning: 10 of 16 Wall Street analysts (63 percent) expect lower prices this week and only one expects a gain, while 53 percent of 184 retail voters still…