CommoditiesMedium•15 October 2026•
1 min read
Gold Prices Climb to $4,154 as US Treasury Yields Retreat
Key Facts
1Gold prices rose 1.22% to $4,154 as US Treasury yields retreated.
2The US 10-year Treasury yield fell by 11 basis points to 5.08%.
3UK GDP data beat expectations, reinforcing expectations for a Bank of England rate hike in November.
Gold prices rose 1.22% to reach $4,154 as US Treasury yields retreated. According to investinglive.com, the US 10-year Treasury yield fell by 11 basis points to 5.08%, providing relief to the non-yielding metal following recent volatility triggered by inflation data.
UK GDP data beat expectations, reinforcing market forecasts for a Bank of England rate hike in November. This rebound in gold occurs as markets consolidate after the US CPI shock, though broader risk sentiment remains pressured by high borrowing costs and persistent inflation concerns.