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Gold steady near $4,138 as Fed rate hike odds fade; silver gains on easing inflation fears.

Market News
05 Oct 2026
Kitco
View Source
Neutral
Gold steady near $4,138 as Fed rate hike odds fade; silver gains on easing inflation fears.

Gold prices remained nearly unchanged near $4,138 per ounce as expectations for a Federal Reserve rate hike in October diminished, supporting metals despite a strong dollar and high Treasury yields limiting gains. Silver prices rose over 1% amid easing inflation concerns and lower crude oil prices. U.S. and European stock markets mostly advanced, buoyed by strong tech and buyout activity, while Treasury yields hit multi-decade highs. Investors await key data this week, including Fed minutes and jobless claims, which will influence future rate hike expectations and precious metals demand.

Gold prices near $4,138 per ounce provide context for market activity on Pluang. For readers following US stocks, here is Pluang's market snapshot as of Oct 06, 2026 03:12 WIB: out of 150 priced US stocks, 86 rose and 64 fell. Notable movers include SHOP at USD 159.90 (+5.62%), AFRM at USD 74.73 (+5.60%), and DKNG at USD 19.61 (+5.51%), with varied typical hold times and Pluang order activity percentages.

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