Geopolitics
Gold Slips Towards $4,040 After Fed Hold, PCE in Focus
World Gold brief based on reporting byVT Markets
Reported by VT Markets: “Gold Slips Towards $4,040 After Fed Hold, PCE in Focus”. 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: $4,040 — quoted as published, not independently verified.
Geopolitical risk can increase safe-haven demand, but gold's response also depends on the dollar, liquidity and rate expectations. The cross-asset reaction matters as much as the headline.
- safe-haven demand
- US dollar
- oil and inflation
- market volatility
- duration of the event
- dollar reaction
- yield changes
- official confirmation of $4,040
Methodology and transparency
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.