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Gold Futures Pick Up As Oil Prices Pull Back -- Market Talk

Gold Futures Pick Up As Oil Prices Pull Back -- Market Talk

Dow JonesDow Jones2026/10/26 18:06

1406 ET - Gold futures settle higher with support from a pullback in oil prices, while shrugging off U.S. dollar gains and an uptick in 2-year yields. Metals picked up after falling to "a psychologically and technically important level," Peter Cardillo of Spartan Capital says in a note. "We view the move as constructive for gold, which appears to be presenting another solid entry point." Front-month gold settles up 0.8% at $4,022.30 a troy ounce, and silver edges up 0.7% to $54.108 a troy ounce. (anthony.harrup@wsj.com)

(END) Dow Jones Newswires

October 26, 2026 14:06 ET (18:06 GMT)

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