Gold Price Today: Bull and Bear Case as Gold Slips to…
By Tobi Opeyemi Amure
AI summary of the source article
Spot gold slipped 0.6 percent to $4,115.72 an ounce as Middle East attacks lifted Brent crude past $110 and pushed US two-year Treasury yields to a one-week high.
Key facts
- Spot gold fell 0.6 percent to $4,115.72 an ounce, while US gold futures dropped 0.4 percent to $4,132.22.
- Brent crude rose 1.7 percent to $110.63 following Houthi attacks in Saudi Arabia.
- Markets price an 83 percent chance of no rate change in October and an 88-90 percent likelihood of a Federal Reserve rate hike in December.
Source excerpt · FinanceFeeds
Updated 22 October 2026. Spot gold was $4,115.72 an ounce at 00:52 GMT on Thursday, down 0.6 percent, after Houthi attacks in Saudi Arabia pushed Brent back above $110 and the US two-year Treasury yield to a one-week high (Investing.com, Reuters). Wednesday had ended a four-day slide with a 0.3 percent gain to $4,137.94. December futures were $4,132.22. Markets price less than a one-in-six chance…