Spot gold briefly dipped below the 4,100 mark—has the safe-haven appeal been eclipsed by high-yielding U.S. Treasuries?

Middle East tensions have pushed oil prices back above $100, but risk-aversion sentiment has failed to support gold. Caught between rising inflation expectations driven by higher oil prices and U.S. Treasury yields nearing 20-year highs, spot gold plunged on Wednesday, falling below the $4,100 mark.

Jin10Oct 7 22:37

U.S. Stock Market Preview | The Federal Reserve's meeting minutes are set to be released at 2:00 a.m.; all three major stock index futures are down, while U.S. Treasury yields rise; Iran plans to seal off the "illegal shipping lane" in the Strait of Hormuz, pushing oil prices higher.

The minutes of the Federal Reserve's September meeting will be released at 2:00 a.m. Beijing time this Thursday. This document may attract more attention than usual, as it will shed further light on why the Fed raised interest rates by 25 basis points in September and how officials assess just how tight current monetary policy really is.

Futu NewsOct 7 20:32

The People's Bank of China increased its gold holdings for the 23rd consecutive month, with the pace of purchases accelerating further in September.

China's gold reserves stood at 77.47 million ounces (approximately 2,409.59 tonnes) at the end of September, a month-on-month increase of 740,000 ounces (approximately 23.02 tonnes), exceeding the 650

WallStreetCNOct 7 10:43

Express News | The People's Bank of China has increased its gold holdings for the 23rd consecutive month.

As of the end of September, China's gold reserves stood at 77.47 million ounces (approximately 2,409.59 tonnes), up 740,000 ounces (about 23.02 tonnes) from the previous month. At the end of August, the reserve totaled 76.73 million ounces (roughly 2,386.57 tonnes). The People's Bank of China has increased its gold holdings for the 23rd consecutive month.

LatestOct 7 10:03

Gold targets $5,000 next year, silver eyes $95: Bullish sentiment remains strong in the precious metals sector

The London Bullion Market Association’s annual survey indicates that industry representatives expect gold to rise to $5,013 and silver to $94.70 over the next 12 months. Despite continued pressure

Jin10Oct 7 08:59

Gold's "re‑anchoring" has once again been confirmed by institutions: U.S. Treasury yields have surged above 5%, yet debt levels and central bank gold purchases are still providing support.

At the LBMA Annual Precious Metals Conference, several fund managers and analysts noted that the traditional inverse correlation between gold and bond yields is weakening. Rising government debt, concerns about currency depreciation, and central bank gold purchases are increasingly serving as key supports for gold prices.

Golden10 DataOct 6 13:33