Gold hovered near $4,000 as oil rose and yields fell
Heraeus analysts said gold stayed near $4,000 per ounce on October 26 as Brent crude prices rose and U. S. Treasury yields fell, while Fresnillo’s silver output dropped 5.
5% in the third quarter of 2026. The price action followed a week of swings: Reuters reported that spot gold rose above $4,000 on October 25 as oil prices eased; earlier, Marketscreener noted gold inched up to about $4,009 per ounce, and FXStreet said gold had slipped to around $3,995 amid a surge in oil prices and heightened inflation concerns.