Gold drops below $4,070 as Hormuz crisis pushes oil above $112
Reported by TradingView: “Gold drops below $4,070 as Hormuz crisis pushes oil above $112”. Gold settled at $4,067 an ounce on October 22, 2026 — $130.75 per gram, -2.00% on the day. The headline carries a figure: $4,070, $112 — quoted as published, not independently verified.
The development may change short-term gold-price expectations. Confirmation requires comparing the headline with COMEX, the dollar, yields and trading volume. The direction is consistent with that session's settlement: -2.00%.
- COMEX price
- US Dollar Index
- US 10Y yield
- volume and momentum
- price confirmation
- trading volume
- cross-asset reaction
- official confirmation of $4,070
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.