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Gold prices dip as oil nears five-month high and Fed rate hike expectations persist.

Market News
20 Oct 2026
FXEmpire
View Source
Bearish
Gold prices dip as oil nears five-month high and Fed rate hike expectations persist.

Gold prices fell early Tuesday, pressured by oil prices climbing near a five-month high and ongoing expectations of Federal Reserve rate hikes in December. Despite a recent easing in the dollar and Treasury yields, gold buyers remain cautious, defending current levels rather than pushing for gains. The market is closely watching crude oil, the dollar, and Treasury yields, with the outlook for gold remaining bearish unless buyers shift momentum. The Federal Reserve is expected to hold rates steady in October but likely raise them in December, keeping pressure on gold prices.

Gold price dynamics provide context for Pluang's market snapshot as of Oct 20, 2026 15:02 WIB: Among 150 US stocks priced on Pluang, 75 advanced while 66 declined. Marvell Technology Inc (MRVL) traded at USD 232.56 with a 1-day change of -1.91% and a typical hold time of 43 days, showing a strong buy interest at 91%. Tencent Music Entertainment Group (TME) dropped 1.73% to USD 8.52, with 99% of orders selling. Virgin Galactic Holdings (SPCE) rose 1.71% to USD 2.38, with all orders buying and a typical hold time of 70 days.

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VINCI wins €165M contract to build cooling plant for Iberian data center campus

VINCI wins €165M contract to build cooling plant for Iberian data center campus

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VINCI wins €165M contract for cooling system in large Iberian data center campus

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Crypto wallet nets $1.04M in staking rewards after launch day loss on PaperTrade

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