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Gold prices rise as U.S. consumer sentiment falls and inflation expectations increase.

Market News
09 Oct 2026
Kitco
View Source
Neutral
Gold prices rise as U.S. consumer sentiment falls and inflation expectations increase.

U.S. consumer sentiment declined in October to 46.3, below expectations and September's 48.1, reflecting growing frustration over high prices and borrowing costs. Inflation expectations for the year ahead rose to 4.7%, the highest since May, signaling continued economic concerns. As a result, gold prices traded near session highs, gaining 1.32% to $4,188.36 per ounce, as investors seek safe-haven assets amid economic uncertainty.

Gold price movements and inflation expectations provide context as of Oct 09, 2026 19:12 WIB. On Pluang, 105 of 150 priced US stocks rose while 42 fell. Notable movers include NOK at USD 10.37 with a 1-day change of +2.27%, KGC at USD 23.85 up 2.19%, and SIRI at USD 26.88 gaining 2.09%. The most notable figure is NOK's 80% buy order activity on Pluang.

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