Business
Global gold holds nearly steady as dollar and rate expectations compete
Gold was nearly steady in October 5 trading as a stronger dollar countered reduced expectations of an October Fed rate hike.
Business desk, October 5: Global gold prices were nearly steady as a stronger dollar and higher US Treasury yields offset reduced expectations of an October Federal Reserve rate hike, Reuters reported.
Spot gold was quoted at $4,137.79 per ounce at 15:41 GMT in the report. This is a time-specific international market quotation, not a current retail jewellery price in Tumakuru.
Source report: Reuters, 5 October 2026. Source report date: October 5, 2026.
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Tumakuru Live Desk
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