Global gold price forecast / What is the impact of the US election results on the gold market? Gold prices ended October by overcoming selling pressure and recording a new price bottom in 2026. The price of this precious metal, which showed signs of recovery in the first three days of the week, lost all its growth in the second half of the week and fell below $3,900 an ounce. The notable point was that even the decline in US bond yields and the relative weakening of the dollar could not bring buyers back to the market. This behavior shows that in the current situation, the fear of another interest rate hike and the reduction of liquidity in financial markets has outweighed the traditional attractiveness of gold as a safe-haven asset. Gold had an upward trend in the first three days of the week, but lost all its growth in the second half of the week.

Global gold price forecast / What is the impact of the US election results on the gold market? Gold prices ended October by overcoming selling pressure and recording a new price bottom in 2026. The price of this precious metal, which showed signs of recovery in the first three days of the week, lost all its growth in the second half of the week and fell below $3,900 an ounce. The notable point was that even the decline in US bond yields and the relative weakening of the dollar could not bring buyers back to the market. This behavior shows that in the current situation, the fear of another interest rate hike and the reduction of liquidity in financial markets has outweighed the traditional attractiveness of gold as a safe-haven asset. Gold had an upward trend in the first three days of the week, but lost all its growth in the second half of the week.