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Saturday, 10 October 2026

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Gold reclaims $4,200 as weak US sentiment revives bullion demand

UK economy desk, Trade News UK (2026-10-09): Gold (XAU/USD) price advances more than 1.40% on Friday, capitaliszng on a dip in US Treasury yields and a softer Greenback, as recent US data suggests… Primary source: original at FXStreet (fxstreet.com).

Gold reclaims $4,200 as weak US sentiment revives bullion demand

Gold (XAU/USD) price advances more than 1.40% on Friday, capitaliszng on a dip in US Treasury yields and a softer Greenback, as recent US data suggests households are becoming pessimistic about the economy, while investors seem confident that the Federal Reserve (Fed) will stay pat on rates.

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