Gold prices saw a slight dip on October 15, 2026, as traders awaited remarks from Federal Reserve Chair Kevin Warsh that could hint at the central bank's next move on interest rates. Bullion fell as much as 0.6% before stabilizing near $4,160 an ounce, following a significant rise in the previous session.
Warsh is scheduled to speak at an International Monetary Fund meeting in Bangkok at 10:30 a.m. local time. His comments are expected to be the final indication of monetary policy before the Fed's media blackout begins on Saturday, ahead of its October 27-28 meeting.
The decline in gold prices came as traders sought clarity on the Fed's stance, with the precious metal often benefiting from lower interest rates and heightened safe-haven demand.