Gold prices fell below the key $4,100 level due to hotter-than-expected inflation data, raising chances of a Federal Reserve rate hike in October. Despite this, analysts expect support around $4,000 an ounce, as the Fed typically avoids rate changes just before elections. Persistent inflation pressures suggest rates may stay higher for longer, keeping upward pressure on bond yields and weighing on gold. Investors are watching Fed comments closely for clues on future monetary policy amid mixed signals from inflation and market demand for gold.
Gold prices are under pressure with inflation data fueling expectations of a Federal Reserve rate hike in October. For readers following US stocks on Pluang, here is the market snapshot as of Oct 15, 2026 00:22 WIB: out of 150 priced stocks, 39 rose and 111 fell. Notable movers include PLUG (Plug Power Inc) down 7.37% at USD 1.45 with 84% buy order activity, OPEN (Opendoor Technologies Inc) down 6.64% at USD 1.97 with 100% sell order activity, and SNAP (Snap Inc) down 6.32% at USD 6.08 with 63% buy order activity.
The global microbiology testing market is projected to grow rapidly at a compound annual growth rate (CAGR) of approximately 9% from 2026 to 2034, reaching a market size of $13.7 billion by 2034. This growth is driven by the rising prevalence of infe...
Remittix announced the public launch of its RTX token on November 24, 2026, marking the end of its presale phase which raised over $32 million from 40,000 participants. The project is testing its PayFi platform, which enables crypto-to-fiat and fiat-...
BlackRock reported a strong third quarter with adjusted earnings of $15.93 per share, beating estimates by a wide margin and marking a 38% increase year-over-year. Revenue grew 19% to $7.75 billion, driven by $205 billion in net client inflows, inclu...
Home BancShares will release its Q3 2026 earnings report on October 14, with analysts expecting earnings per share of $0.64 and revenue around $293-$294 million, marking a 5.5% revenue increase and 4.9% EPS growth from last year. The bank's P/E ratio...
Hyperion Materials & Technologies has acquired The Ultra-Met Company, a tungsten carbide manufacturer based in Urbana, Ohio, to expand its capabilities in serving the US aerospace and defense sectors. Ultra-Met works closely with the US Department of...
