US Producer Price Index (PPI) surged 1.3% in September, much higher than expected, marking the largest monthly increase since March 2022. Annual wholesale inflation rose 6.3%, the highest since December 2022, with core PPI also exceeding forecasts. These inflation signals are restraining gold's recovery despite prices holding above $4,100 an ounce. Persistent inflation raises the cost of holding gold, but some analysts suggest that if the Federal Reserve struggles to control inflation, gold could benefit in the longer term.
Gold's overnight gains remain above $4,100 an ounce despite rising US wholesale inflation, with the Producer Price Index up 6.3% annually as of October 15, 2026. For readers following US stocks on Pluang, here is the market snapshot as of Oct 15, 2026 18:42 WIB: out of 150 priced US stocks, 77 rose and 68 fell. Notable movers include AMD at USD 552.64 with a 1-day change of -3.18% and Pluang order activity of 42% Sell / 58% Buy, Novavax Inc at USD 12.24 down 3.16%, and FuelCell Energy Inc at USD 13.76 down 2.82%.
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