Gold fell 2.66%, Bitcoin dropped 3.06%, and Silver slid 4.86% since the previous close. Netflix led equity moves with a 3.20% decline, while AMD rose 3.36% and Palladium dropped 3.62%.
Gold futures traded at $4,039.80, down 2.66% from the prior session close of $4,150.00. The metal traded between $4,039.80 and $4,164.30 during the session. This price is lower than any session close since August 3, 2026, which was 57 sessions ago. Rising inflation worries are pressuring the metal lower during early trading hours.
Bitcoin traded at $81,442, representing a 3.06% drop from the previous session close of $84,012. The cryptocurrency fluctuated between $81,250 and $84,305 within the current session. Over the last five sessions, Bitcoin has traded in a range between $80,615 and $84,840.
Silver futures traded at $54.63, down 4.86% from the previous close of $57.42. Prices ranged from $54.63 to $58.11 during the session. At this level, Silver futures are lower than any session close since November 27, 2025, which was 226 sessions ago.
The US Dollar Index stood at 101.62, down 0.15% on the day. The US 10-year Treasury yield fell 17 basis points to 4.96%, while the 2-year yield dropped 16 basis points to 4.65%. Traders on the Kalshi prediction market priced a 94% chance that the Fed holds rates at its October 2026 meeting. An attack on a Saudi oil facility drove Brent prices near $111, reigniting worries about inflation.
The UK Retail Sales Ex Auto Fuel release is scheduled for 06:00 UTC on Friday, October 23. The UK Retail Sales With Auto Fuel data will also be released at 06:00 UTC on Friday, October 23. France Manufacturing PMI and France PMI Composite releases are due at 07:15 UTC on Friday, October 23.
Sources: ForTraders quotes, US Treasury, Kalshi, ForTraders economic calendar.
