All news
Geopolitics

Has gold delivered as a geopolitical hedge?

World Gold brief based on reporting byDaily Maverick
Brief

Reported by Daily Maverick: “Has gold delivered as a geopolitical hedge?”. Gold settled at $4,197 an ounce on October 12, 2026 — $134.93 per gram, -0.46% on the day.

Why it matters

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.

Transmission channels
  • safe-haven demand
  • US dollar
  • oil and inflation
  • market volatility
What to watch next
  • duration of the event
  • dollar reaction
  • yield changes
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.

Read the full report at the original publisherDaily Maverick
Data on this topicGold price today by currency
Related coverageGeopoliticsPeter Schiff says rising yields are 'the most bullish thing' for gold, warns Washington could pay 50 cents on the dollarGeopoliticsGold losing sheen despite geopolitical tensions, China's record buying; Here is all you need to knowCentral banksGold gains ground as central banks retreat from dollar assets and inflation undermines bonds – Sprott’s ZhuCentral banksChina’s Central Bank Adds Gold in September as Bullion Weakens