10:00 - 19.10.2026

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October 19, Fineko/abc.az. Gold began the week higher as easing oil prices raised hopes of cooling inflation pressures. Spot gold rose 0.3% to $4,175.60 per ounce, while US gold futures for December delivery gained 0.4% to reach $4,196.40.

Analysts noted that softer oil prices provide a favorable inflation outlook, supporting bullion demand ahead of the upcoming Federal Reserve meeting.

Other precious metals also moved higher: spot silver climbed 0.9% to $57.54 per ounce, platinum edged up 0.7% to $1,642.29, and palladium rose 1.5% to $1,129.13.