Gold is trading at 4192.61 as of 03:51 UTC—down 93.60 points on the day, its largest single-day drop in over a week. It broke below key support at 4298.0, the previous session’s close, and now sits near its lowest level since September 21. Volume held elevated at 137,070 contracts on Friday, but recent bars show declining turnover. The current quote is well below the 8-day average close of ~4355. With no major central bank events or inflation data scheduled until early October, gold’s near-term path depends on USD strength and real yields.
Based on ForTraders market data as of 2026-09-28 04:22 UTC.
