Gold Price Today: Near $4,120 as a 5.14% Yield and $110 Oil…
By Tobi Opeyemi Amure
AI summary of the source article
Spot gold fell approximately 0.6 percent to trade near $4,120 an ounce as the US 10-year Treasury yield rose to 5.14 percent and Brent crude hovered near $110.
Why it matters
Oil near $110 keeps inflation high, high inflation keeps a December Fed hike priced at close to 90 percent, and yields above 5 percent raise the cost of holding a metal that pays nothing.
Key facts
- Spot gold traded near $4,120 an ounce on 20 October, down about 0.6 percent.
- The US 10-year Treasury yield rose to 5.14 percent while Brent crude traded near $110.
- CME FedWatch indicates an 82 percent probability of the Federal Reserve holding rates in October and an 89 percent chance of a hike in December.
Source excerpt · FinanceFeeds
Updated 20 October 2026. Spot gold traded near $4,120 an ounce on Tuesday 20 October, down about 0.6 percent (Kitco: $4,120.30 at 1:58 am ET; FX Leaders: $4,119.81). It closed Monday at $4,137.80, down $26.30 (Kitco). The US 10-year Treasury yield rose to 5.14 percent and Brent held near $110 as the Houthis claimed strikes on Saudi oil sites. Verdict: higher oil now means higher yields, and higher…