Heightened expectations of U.S. rate hikes, driven by stronger-than-expected PCE data, have weighed on gold prices, with the metal oscillating around the $4,000 level.
Reported by Moomoo: “Heightened expectations of U.S. rate hikes, driven by stronger-than-expected PCE data, have weighed on gold prices, with the metal oscillating around the $4,000 level.”. Gold settled at $4,031 an ounce on October 29, 2026 — $129.61 per gram, -0.50% on the day. The headline carries a figure: $4,000 — quoted as published, not independently verified. The story touches the United States: we track local prices and customs flows for those.
The development may change short-term gold-price expectations. Confirmation requires comparing the headline with COMEX, the dollar, yields and trading volume.
- COMEX price
- US Dollar Index
- US 10Y yield
- volume and momentum
- price confirmation
- trading volume
- cross-asset reaction
- official confirmation of $4,000
- reserve and import data: the United States
This World Gold brief is based on the headline and available metadata. We do not reproduce the publisher's article or add unverified details. The price on the date of the report is our own data: the daily COMEX futures settlement, converted to grams at 31.1035 g per troy ounce.