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Gold prices fall as strong dollar and rising Treasury yields weigh on the market.

Market News
05 Oct 2026
FXEmpire
View Source
Bearish
Gold prices fall as strong dollar and rising Treasury yields weigh on the market.

Gold prices declined due to a stronger U.S. dollar and rising Treasury yields, which make non-interest-paying assets like gold less attractive. The dollar gained after the ISM Services PMI report showed the services sector remains stable despite missing estimates. Treasury yields hit multi-decade highs, increasing concerns about U.S. financial sustainability but not boosting gold prices. Gold is testing key support levels around $4160, with potential to drop further if these levels break. Meanwhile, silver and platinum showed mixed movements influenced by gold/silver ratios and oil price changes, respectively.

Gold, silver, and platinum forecasts provide context for Pluang's market snapshot as of Oct 06, 2026 00:05 WIB. Among 150 priced US stocks tradable on Pluang, 85 rose and 65 fell today. Notable movers include Affirm Holdings Inc (AFRM) at USD 74.55 with a 1-day change of +5.34%, Unity Software Inc (U) at USD 45.82 with +5.07%, and Opendoor Technologies Inc (OPEN) at USD 2.33 with -4.71%.

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