FeesSafety
Pluang+

Gold and silver prices fall sharply amid rising oil prices and Fed rate hike concerns.

Market News
22 Oct 2026
FXEmpire
View Source
Bearish
Gold and silver prices fall sharply amid rising oil prices and Fed rate hike concerns.

Gold prices dropped over 2.8% to the key $4,000 support level, while silver fell more than 5%, breaking below $55. The declines are driven by rising oil prices after attacks in Saudi Arabia, which raise inflation concerns and pressure the Federal Reserve to maintain tight monetary policy. Markets expect no rate change in October but anticipate a hike in December, keeping gold and silver under short-term pressure. Technical analysis suggests gold could fall to $3,800 if it breaks below $3,950, and silver may test $50 if it stays under $60. A correction in oil prices could help metals recover, but sustained high oil prices may continue to weigh on them ahead of the Fed meeting next week.

Gold and silver price movements provide context for Pluang's market snapshot as of Oct 23, 2026 10:11 WIB: Among 150 US stocks tradable on Pluang, 69 rose and 81 fell. Notable movers include FCEL down 12.58%, SPOT up 10.71%, and ASX down 9.69%, reflecting varied investor activity with typical hold times ranging from 48 to 112 days and Pluang order activity showing a strong buy bias for FCEL and ASX but heavy selling for SPOT.

More News

Sika reports 4.8% sales growth in nine months and confirms 2026 guidance amid strong market gains and acquisitions.

Sika reports 4.8% sales growth in nine months and confirms 2026 guidance amid strong market gains and acquisitions.

Sika AG posted a 4.8% sales increase in local currencies for the first nine months of 2026, reaching CHF 8.71 billion despite currency headwinds. The company saw organic growth of 3.5% and improved material margins to 55.4%, with EBITDA rising 1.9% t...

Company Fundamentals
Bullish
45 minutes ago
Sika posts 4.8% sales growth in 9 months, confirms 2026 forecast with strong profit and acquisitions.

Sika posts 4.8% sales growth in 9 months, confirms 2026 forecast with strong profit and acquisitions.

Sika reported a 4.8% sales increase in local currencies for the first nine months of 2026, reaching CHF 8.71 billion despite a negative currency effect. The company improved its material margin to 55.4% and maintained an EBITDA margin of 19.2%, with ...

Company Fundamentals
Bullish
45 minutes ago
Aduro Clean Technologies to present advances and engage investors at five key industry conferences through end of 2026

Aduro Clean Technologies to present advances and engage investors at five key industry conferences through end of 2026

Aduro Clean Technologies announced its participation in five major industry and investor conferences from October to December 2026. The company will showcase progress in its Hydrochemolytic™ technology for recycling plastics and upgrading crude oils,...

Market News
Bullish
2 hours ago
Aduro Clean Technologies to present at five industry and investor conferences by end of 2026

Aduro Clean Technologies to present at five industry and investor conferences by end of 2026

Aduro Clean Technologies announced it will participate in five conferences between October and December 2026, engaging with industry professionals and institutional investors. Key topics include updates on their Hydrochemolytic™ technology for recycl...

Market News
Bullish
2 hours ago
Uniswap adds Aggregator Hooks to access external DEX funds, boosting UNI token burns via protocol fees.

Uniswap adds Aggregator Hooks to access external DEX funds, boosting UNI token burns via protocol fees.

Uniswap launched Aggregator Hooks on October 22, enabling its trading system to access liquidity from other decentralized exchanges. This feature allows Uniswap to find better trade routes by comparing quotes across platforms, all within a single tra...

Protocol Fundamentals
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App