Gold Price in October 2026 (Month to Date)
So far in October 2026, gold has fallen 6.9%, from $4,186.70 at the end of September to $3,898.90 per troy ounce on October 30, 2026. The highest close was $4,216.30 on October 9, 2026, the lowest $3,898.90 on October 30, 2026, and the average over 22 trading days was $4,121.15.
- Gold fell 6.9% in US dollars in October 2026 so far, leaving it down 10.2% for the year to date.
- Measured in other currencies, the change ranged from −8.5% in CAD to +0.4% in EGP, because exchange rates moved too.
- It did better than silver (−18.3%) and bitcoin (−7.6%), and worse than US stocks (−0.9%).
- It closed higher on 9 trading days and lower on 13, with an average daily move of 0.91%.
- At the end of the month it was 26.7% below its highest close since 2000.
- Gold/silver ratio: 69.7 → 79.4.
- The biggest reaction to a scheduled US release was to the CPI inflation (September 2026) on 14 October: −1.7% that day.
Gold price chart, October 2026
US dollars per troy ounce · daily closeGold in other currencies, October 2026
| Currency | Change in the month |
|---|---|
| EGP | +0.4% |
| PKR | −4.2% |
| TRY | −5.1% |
| EUR | −5.7% |
| ZAR | −5.8% |
| JPY | −6.7% |
| CNY | −7.5% |
| INR | −7.6% |
| GBP | −7.7% |
| AUD | −7.9% |
| CHF | −8.2% |
| CAD | −8.5% |
Price in each currency at each day's exchange rate, previous month-end to this month-end. A weaker currency makes gold rise more in local terms.
Gold vs other assets, October 2026
| Asset | Change (USD) |
|---|---|
| Gold | −6.9% |
| Silver | −18.3% |
| Bitcoin | −7.6% |
| S&P 500 (with dividends) | −0.9% |
| Gold, year to date (end of October) | −10.2% |
| Gold/silver ratio | 69.7 → 79.4 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
The Fed and US Data in October 2026
Scheduled US releases this month and how gold moved. For Fed decisions the move covers two sessions, because the statement comes after the gold futures settle.
| Date | Release | Result | Gold |
|---|---|---|---|
| Fri 2 Oct | Jobs report (September 2026) | — | −1.0% |
| Wed 14 Oct | CPI inflation (September 2026) | — | −1.7% |
| Wed 28 Oct | Fed rate decision | Rates unchanged (3.75–4.00%) | −1.1% |
| Thu 29 Oct | PCE inflation (September 2026) | — | −0.5% |
Why Gold Moved: Daily Notes, October 2026
Written on the day from the market data and headlines, as part of our daily explainer.
- Thursday, October 22 · −2.2%Gold is down $88.80 (2.16%) today at $4,024.03 an ounce. The 10-year US Treasury yield is down 19 basis points at 4.95%; lower yields reduce the cost of holding gold, which pays no interest. US stocks are lower (S&P 500 −1.21%) and the VIX volatility index is up 14%. The next major US release is the Fed rate decision on Wednesday, October 28 at 2:00 pm ET. Much of today's news coverage is about gold miners and inflation.
- Friday, October 23 · −0.7%Gold is down $26.14 (0.65%) today at $3,997.89 an ounce. The 10-year US Treasury yield is up 4 basis points at 4.99%, which raises the cost of holding gold, since it pays no interest. The next major US release is the Fed rate decision on Wednesday, October 28 at 2:00 pm ET. Today's gold headlines are mostly about the Federal Reserve and interest rates, and oil prices.
- Monday, October 26 · +0.5%Gold is up $19.23 (0.48%) today at $4,017.12 an ounce. The next major US release is the Fed rate decision on Wednesday, October 28 at 2:00 pm ET. Much of today's news coverage is about the Federal Reserve and interest rates, and oil prices.
- Tuesday, October 27 · +1.1%Gold is up $43.72 (1.09%) today at $4,060.84 an ounce. Gold is rising even though the dollar is firmer (dollar index +0.39%), which points to strong demand for gold itself. Silver is up too (+0.87%). The next major US release is the Fed rate decision on Wednesday, October 28 at 2:00 pm ET. Much of today's news coverage is about the Federal Reserve and interest rates, and the dollar and bond yields.
- Wednesday, October 28 · +0.2%Gold is higher by $8.04 (0.20%) today at $4,068.88 an ounce. A weaker US dollar (dollar index −0.18%) helps, because gold is priced in dollars, and on its own it accounts for most of the rise. The 10-year US Treasury yield is up 5 basis points at 5.05%, which raises the cost of holding gold, since it pays no interest — gold is rising regardless. Silver is going the other way (−0.86%). Today's Fed rate decision report came out at 2:00 pm ET; releases like this often move gold through the dollar and yields. Today's gold headlines are mostly about the Federal Reserve and interest rates, and gold miners.
- Thursday, October 29 · −1.2%Gold is down $48.56 (1.19%) today at $4,020.32 an ounce. Gold is falling even though the dollar is weaker (dollar index −0.28%), which points to selling of gold itself. The 10-year US Treasury yield is down 6 basis points at 4.99%; lower yields reduce the cost of holding gold, which pays no interest, but gold is falling anyway. The 10-year real yield, what inflation-protected Treasuries pay after inflation, is 2.67%, down 23 basis points in a month: a tailwind for gold, which pays no interest. Silver is down too (−3.41%), moving further than gold, as it usually does. The PCE inflation (September 2026) report was released at 8:30 am ET, and data like this feeds straight into interest-rate expectations. Today's gold headlines are mostly about the Federal Reserve and interest rates, and inflation.
- Friday, October 30 · −3.6%Gold is down $145.80 (3.63%) today at $3,874.52 an ounce. With the dollar index flat (−0.09%), the dollar explains little of the move; it is mostly selling of gold itself. The 10-year US Treasury yield is down 6 basis points at 4.93%; lower yields reduce the cost of holding gold, which pays no interest, but gold is falling anyway. The 10-year real yield, what inflation-protected Treasuries pay after inflation, is 2.63%, down 28 basis points in a month: a tailwind for gold, which pays no interest. US stocks are lower too (S&P 500 −1.82%); in sharp sell-offs some investors sell gold to raise cash or cover losses elsewhere. Silver is down too (−5.84%), moving further than gold, as it usually does. The next major US release is the Jobs report (October 2026) on Friday, November 6 at 8:30 am ET. Much of today's news coverage is about the Federal Reserve and interest rates, and gold miners.
Daily Gold Prices, October 2026
Closing price for every trading day, with the same price in INR and AED at that day's exchange rate.
| Date | Close (USD per oz) | Change | USD per gram | 24K India, ₹ per 10 g | 24K UAE, AED per gram |
|---|---|---|---|---|---|
| Oct 1Thu | $4,202.30 | +0.37% | $135.11 | ₹1,30,007 | AED 496.05 |
| Oct 2Fri | $4,162.30 | −0.95% | $133.82 | ₹1,28,769 | AED 491.32 |
| Oct 5Mon | $4,156.80 | −0.13% | $133.64 | ₹1,28,757 | AED 490.67 |
| Oct 6Tue | $4,187.10 | +0.73% | $134.62 | ₹1,29,732 | AED 494.25 |
| Oct 7Wed | $4,140.70 | −1.11% | $133.13 | ₹1,28,809 | AED 488.77 |
| Oct 8Thu | $4,157.00 | +0.39% | $133.65 | ₹1,29,405 | AED 490.70 |
| Oct 9Fri | $4,216.30 | +1.43% | $135.56 | ₹1,31,251 | AED 497.70 |
| Oct 12Mon | $4,190.60 | −0.61% | $134.73 | ₹1,29,040 | AED 494.66 |
| Oct 13Tue | $4,177.30 | −0.32% | $134.30 | ₹1,27,974 | AED 493.09 |
| Oct 14Wed | $4,107.90 | −1.66% | $132.07 | ₹1,25,668 | AED 484.90 |
| Oct 15Thu | $4,170.10 | +1.51% | $134.07 | ₹1,26,731 | AED 492.24 |
| Oct 16Fri | $4,181.10 | +0.26% | $134.43 | ₹1,27,065 | AED 493.54 |
| Oct 19Mon | $4,160.10 | −0.50% | $133.75 | ₹1,27,054 | AED 491.06 |
| Oct 20Tue | $4,142.60 | −0.42% | $133.19 | ₹1,26,151 | AED 489.00 |
| Oct 21Wed | $4,150.00 | +0.18% | $133.43 | ₹1,25,837 | AED 489.87 |
| Oct 22Thu | $4,060.40 | −2.16% | $130.54 | ₹1,23,641 | AED 479.30 |
| Oct 23Fri | $4,007.90 | −1.29% | $128.86 | ₹1,22,324 | AED 473.24 |
| Oct 26Mon | $4,038.40 | +0.76% | $129.84 | ₹1,23,265 | AED 476.70 |
| Oct 27Tue | $4,074.60 | +0.90% | $131.00 | ₹1,24,696 | AED 480.97 |
| Oct 28Wed | $4,051.60 | −0.56% | $130.26 | ₹1,23,980 | AED 478.26 |
| Oct 29Thu | $4,031.40 | −0.50% | $129.61 | ₹1,23,403 | AED 475.87 |
| Oct 30Fri | $3,898.90 | −3.29% | $125.35 | ₹1,19,276 | AED 460.23 |
How October usually goes for gold
In the 20 years from 2006 to 2025, gold rose in October 12 times out of 20, with an average move of +0.6% and a median of +1.6%. Every October since 1971 →
Gold in October 2026: FAQ
What was the price of gold in October 2026?
Gold has traded between $3,898.90 and $4,216.30 per troy ounce (daily closes) in October 2026, averaging $4,121.15. The latest close is $3,898.90.
How much did gold go down in October 2026?
Gold is −6.9% month to date, from $4,186.70 to $3,898.90. The biggest daily rise was +1.5% on October 15, 2026 and the biggest fall −3.3% on October 30, 2026.
What was the gold price on October 1, 2026?
Gold closed at $4,202.30 per troy ounce on October 1, 2026, the first trading day of the month. 24K India, ₹ per 10 g: ₹1,30,007.
Is October usually a good month for gold?
In the 20 years from 2006 to 2025, gold rose in October 12 times out of 20, with an average move of +0.6% and a median of +1.6%. Past seasonal patterns are not a reliable guide to any single year.
How much did gold change in rupees in October 2026?
Gold fell 7.6% in Indian rupee terms in October 2026 so far, compared with −6.9% in US dollars.
Did gold beat stocks in October 2026?
No. Gold is −6.9% for the month so far, against −0.9% for the S&P 500 with dividends.
How did gold react to the Fed and US data in October 2026?
Of 4 scheduled US releases this month, the biggest move came after the CPI inflation (September 2026) on 14 October: −1.7%. The full list with each reaction is on this page.
Cite this page
For essays, articles and research. Prices on this page update daily, so the citations include today's date as the date you accessed it.
@misc{corgano2026goldpriceinoctober, author = {{Corgano}}, title = {Gold Price in October 2026 So Far}, howpublished = {\url{https://goldprice.corgano.com/gold-price-history/2026/october}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-10-31}}