Gold retreats to 4137.75, down nearly $40 on the day

Gold bid fell to 4137.75 as of 16:42 UTC—a 39.70-point drop from the prior quote. That’s the lowest level in eight daily bars, breaking below the September 27 low of 4143.1. The price now sits well below yesterday’s close of 4202.3 and more than 160 points under the September 23 peak of 4394.7.

Daily volume held steady at 156,277 contracts—unchanged from the two prior sessions. With no major catalysts scheduled, the move reflects broad USD strength and fading safe-haven demand. Next support is near 4100, though no directional signal is confirmed beyond the price action and bar data.

Based on ForTraders market data as of 2026-10-02 16:50 UTC.

Editorial team

More from this category

All articles

Economic News 9 Oct, 2026

Gold Rallies 49.31 Points but Trend Remains Negative

Gold (ALLFUTGOLD) bid stood at 4181.22 as of 12:42 UTC, up 49.31 points from the previous close. Despite the intraday gain, the daily trend indicator is -1, reflecting downward pressure over recent sessions. The latest daily bar opened at 4139.9 and closed at 4157.0 on October 9, with volume at 163,894 contracts.

Economic News 9 Oct, 2026

EURUSD Edges Lower Amid Pre-Auction Calm

EURUSD traded at 1.1201 as of 12:40 UTC, down 0.00125 from prior close. The pair has declined over the past two daily bars, closing at 1.12013 on October 9 and 1.12535 on October 8. Volume remains zero in daily bars, suggesting thin liquidity.

Economic News 9 Oct, 2026

Bitcoin drops below $83,000 amid risk-off tone

Bitcoin traded at $82,560 as of 08:40 UTC, down $266.48 from the prior close. The decline extends a multi-day pullback from $85,557 on October 8. Daily bars show the lowest close since October 4, with volume…

Economic News 9 Oct, 2026

Gold retreats after sharp intraday swing

Gold fell to 4192.07 as of 08:42 UTC, down 60.15 points from its previous close. On October 8, the metal swung sharply—from 4091.2 to 4197.8—before closing at 4140.7, its weakest finish since October 4.