Gold prices stabilized on October 25, 2026, following their sharpest weekly decline since June. The metal hovered around $4,000 an ounce after a more than 4% drop the previous week. Traders remained cautious as they assessed the impact of persistently high energy prices ahead of the Federal Reserve’s upcoming policy meeting.
The volatility in gold came as oil prices retreated from a six-month peak. President Donald Trump hinted at a potential decision regarding Iran, stating in a Fox News interview that he was close to choosing between negotiating a deal or resuming attacks. This geopolitical uncertainty added to the market’s jitters.
Meanwhile, US consumer sentiment weakened, reaching a five-month low in October. The combination of economic and geopolitical factors kept investors on edge as they awaited further signals from the Federal Reserve.