03 October, 2026

Gold Pulls Back After Sharp Weekly Decline

Gold trades at 4137.51 as of 12:42 UTC—down 4.02 points on the day and extending last week’s slide from a peak near 4394.7. Friday’s daily close settled at 4162.3, capping a volatile session with intraday swings exceeding $100. Volume held firm at 130,846 contracts, in line with recent levels. The decline aligns with a stronger U.S. dollar and rising Treasury yields. No U.S. inflation or Fed data has been released since September 27. The next catalyst is the ISM Services PMI, due October 5 at 17:00 UTC.

Based on ForTraders market data as of 2026-10-03 12:50 UTC.

Subscribe to us on Facebook

Fortrader contentUrl Suite 11, Second Floor, Sound & Vision House, Francis Rachel Str. Victoria Victoria, Mahe, Seychelles +7 10 248 2640568

More from this category

All articles

Recent educational articles

All articles

Editor recommends

All articles