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Gold price prediction today: Will gold continue to be under pressure? Check October, 6 2026 outlook - The Times of India

The Times of India via Google News Tier 3 2026-10-06 06:42 UTC 📖 1 min brief Bearish
Gold

AI desk brief

Gold remains under pressure unless yields fall, with spot trading in a $4,111-$4,276 range during the week ended Oct. 2. The metal fell about 4% on Sept. 28 as the U.S. dollar and Treasury yields rallied, then repeatedly failed to sustain rebounds above the $4,150 area; it found support near $4,100 on easing odds of an October Fed hike.

The article also flags temporary support from softer U.S. payrolls, but that was offset when oil prices rebounded on renewed Middle East tensions. Gold closed Friday down 0.86% at $4,140 and down 3.36% for the week; it was last quoted around $4,130, off 0.2% on Monday night.

Sources used

  1. S1 The Times of India via Google News — Gold price prediction today: Will gold continue to be under pressure? Check October, 6 2026 outlook - The Times of India
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