Reuters · October 15, 2026
Spot Gold Rises 1.3% to $4,158.63 an Ounce on Thursday After a One-Week Low on Wednesday
- Spot gold was up 1.3% at $4,158.63 per ounce as of 0257 GMT on Thursday, after hitting its lowest since October 7 on Wednesday, according to the report. US gold futures for December delivery rose 1.8% to $4,180.00 per ounce.
- Traders were pricing in about a 27% chance of a Federal Reserve rate increase later this month, compared with 22% before the September consumer price data, according to CME's FedWatch Tool, cited in the report.
- Spot silver gained 1.1% to $56.26 per ounce, platinum rose 0.3% to $1,611.15 and palladium climbed 1.3% to $1,107.83, according to the report.
Prices and probabilities as reported by Reuters and CME FedWatch. Original headline: "Gold rebounds from one-week low as dollar slips".
Removed: Analyst commentary on market uncertainty and future price levels.
