Gold Market Today: What Moved Gold on 31 October 2026

International gold is at $3,896 an ounce, the rupee at ₹95.29 to the dollar, and the Indian jeweller board median at ₹14,225/g for 24K (-1.17%).

What the world's gold news is about today: Inflation (8 headlines), US interest rates (5 headlines), Geopolitics and safe-haven buying (2 headlines), Investment flows (ETFs) (2 headlines).

Inflation. Gold is held as an inflation hedge, though hot inflation can also mean higher rates, which cuts the other way. In the news: Gold falls below $4,000 as inflation concerns keep bullion under pressure (Investing.com); Inflation, demand causing spike in gold prices. What does it mean for you? (WLWT).

US interest rates. Gold pays no interest, so expectations of lower US rates tend to support it and higher rates tend to weigh on it. In the news: Gold price crash accelerates as crude oil rises and odds of Fed rate hike jumps (TradingView); Gold hovers near $4,000 as PCE inflation, oil risks revive Fed hike concerns (Yahoo Finance).

Geopolitics and safe-haven buying. Uncertainty sends investors to gold as a store of value. In the news: Gold prices drop sharply at the end of October. The collapse of the safe-haven myth or a search for liquidity? (XTB.com); Gold Falls Below $4,000 as the Safe-Haven Trade Turns Upside Down (CoinWeek).

High-impact US data due this week: Federal Funds Rate, FOMC Statement, FOMC Press Conference, Advance GDP q/q and 1 more. Gold often moves sharply around these releases; which way is not knowable in advance.

For buyers: the gap between the cheapest and dearest jeweller on our board is ₹9,605/g today, and making charges usually differ by more than a day's price move. Compare the live rates and the making charges before you buy.

the rupee at ₹95.30 to the dollar (weaker by 0.10%), and the Indian jeweller board median at ₹14,395/g for 24K (+0.00%).

What the world's gold news is about today: US interest rates (11 headlines), Inflation (5 headlines), The US dollar (2 headlines), Indian demand (2 headlines).

US interest rates. Gold pays no interest, so expectations of lower US rates tend to support it and higher rates tend to weigh on it. In the news: Gold prices today, Thursday, October 29, 2026: Gold prices hardly budge after Fed holds rates steady (Yahoo Finance); Gold slides as higher US inflation reinforces Fed tightening bets (Reuters).

Inflation. Gold is held as an inflation hedge, though hot inflation can also mean higher rates, which cuts the other way. In the news: Gold slides as higher US inflation reinforces Fed tightening bets (Reuters); Gold Price Forecast: XAU/USD Rejected at $4,074 Ahead of PCE After Hawkish Fed Hold (FXLeaders).

The US dollar. Gold is priced in dollars: a stronger dollar usually pushes it down, a weaker one lifts it. In the news: Gold prices today: Ounce drops to $4,039 as the dollar rises (صوت الإمارات); Gold prices fall on firmer dollar (Sharjah24).

High-impact US data due this week: Federal Funds Rate, FOMC Statement, FOMC Press Conference, Advance GDP q/q and 1 more. Gold often moves sharply around these releases; which way is not knowable in advance.

For buyers: the gap between the cheapest and dearest jeweller on our board is ₹9,758/g today, and making charges usually differ by more than a day's price move. Compare the live rates and the making charges before you buy.

International gold is at $4,046 an ounce (-0.28% since 27 Oct), the rupee at ₹95.20 to the dollar (stronger by 0.07%), and the Indian jeweller board median at ₹14,395/g for 24K (+0.44%). In rupee terms the move came mostly from the world gold price (-0.28% gold, -0.07% USD/INR).

What the world's gold news is about today: US interest rates (10 headlines), Indian demand (3 headlines), Records and profit-taking (3 headlines), Inflation (1 headline).

US interest rates. Gold pays no interest, so expectations of lower US rates tend to support it and higher rates tend to weigh on it. In the news: Gold prices could fall to $3,900, silver to $50 as Fed tightening pressures precious metals – Sucden Financial (Kitco); Gold price today, Wednesday, October 28, 2026: Gold prices remain below $4,100 ahead of the Fed rate decision (Yahoo Finance).

Indian demand. Festival and wedding buying, and import costs, move local premiums and the price on the jeweller board. In the news: As gold prices stay elevated, should digital gold be your smarter Dhanteras buy? (The Federal); Gold Price Dips Ahead Of Diwali: Can It Go Lower On Dhanteras? What To Expect (NDTV Profit).

Records and profit-taking. Big moves feed on themselves for a while, and sharp rallies attract profit-taking. In the news: ZAWYA: Gold prices in Egypt record collective gains on October 28 (TradingView); Gold price needs to build a floor here or face a deeper correction - Standard Chartered’s Cooper (Kitco).

High-impact US data due this week: Federal Funds Rate, FOMC Statement, FOMC Press Conference, Advance GDP q/q and 1 more. Gold often moves sharply around these releases; which way is not knowable in advance.

For buyers: the gap between the cheapest and dearest jeweller on our board is ₹605/g today, and making charges usually differ by more than a day's price move. Compare the live rates and the making charges before you buy.

International gold is at $4,057 an ounce (+0.84% since 26 Oct), the rupee at ₹95.27 to the dollar (weaker by 0.11%), and the Indian jeweller board median at ₹14,332/g for 24K (+0.36%). In rupee terms the move came mostly from the world gold price (+0.84% gold, +0.11% USD/INR).

What the world's gold news is about today: US interest rates (9 headlines), The US dollar (3 headlines), Indian demand (3 headlines), Inflation (2 headlines).

US interest rates. Gold pays no interest, so expectations of lower US rates tend to support it and higher rates tend to weigh on it. In the news: Gold price today, Tuesday, October 27, 2026: Gold prices slipping closer to $4,000 ahead of Fed meeting (Yahoo Finance); Gold Price Forecast: Fed and Thursday PCE Keep Sellers in Control (FXEmpire).

The US dollar. Gold is priced in dollars: a stronger dollar usually pushes it down, a weaker one lifts it. In the news: Gold Prices Decline as Dollar Gains Strength (TradingView); Gold prices edge lower amid a stronger dollar and anticipation of the US Federal Reserve's decision (صوت الإمارات).

Indian demand. Festival and wedding buying, and import costs, move local premiums and the price on the jeweller board. In the news: Gold prices have plunged: Should you buy yellow metal this Diwali? (The Times of India); Gold prices correct: Jewellers may gain, but will gold loan growth and lender margins take a hit? (Business Today).

High-impact US data due this week: Federal Funds Rate, FOMC Statement, FOMC Press Conference, Advance GDP q/q and 1 more. Gold often moves sharply around these releases; which way is not knowable in advance.

For buyers: the gap between the cheapest and dearest jeweller on our board is ₹525/g today, and making charges usually differ by more than a day's price move. Compare the live rates and the making charges before you buy.

International gold is at $4,024 an ounce (+0.67% since 25 Oct), the rupee at ₹95.16 to the dollar (weaker by 0.17%), and the Indian jeweller board median at ₹14,280/g for 24K (+0.15%). In rupee terms the move came mostly from the world gold price (+0.67% gold, +0.17% USD/INR).

What the world's gold news is about today: US interest rates (9 headlines), Indian demand (5 headlines), Inflation (2 headlines), Records and profit-taking (2 headlines).

US interest rates. Gold pays no interest, so expectations of lower US rates tend to support it and higher rates tend to weigh on it. In the news: Gold prices squeezed between rising oil and falling yields, Fresnillo silver output declines in 2026 – Heraeus (Kitco); Gold prices today, Monday, October 26, 2026: Gold opens at 3-month lows at the start of Fed week (Yahoo Finance).

Indian demand. Festival and wedding buying, and import costs, move local premiums and the price on the jeweller board. In the news: Gold prices under pressure ahead of Dhanteras: What should buyers consider - CNBC TV18 (LinkedIn); Gold prices retreat from record highs: Jewellers expect healthy sales growth in Diwali despite cautious... (Moneycontrol.com).

Inflation. Gold is held as an inflation hedge, though hot inflation can also mean higher rates, which cuts the other way. In the news: Gold rises as lower oil prices ease inflation fears ahead of Fed meeting (Reuters); Gold Prices Rise As Lower Oil Prices Ease Inflation Concerns Ahead Of Fed Decision (DirectorsTalk Interviews).

High-impact US data due this week: Federal Funds Rate, FOMC Statement, FOMC Press Conference, Advance GDP q/q and 1 more. Gold often moves sharply around these releases; which way is not knowable in advance.

For buyers: the gap between the cheapest and dearest jeweller on our board is ₹437/g today, and making charges usually differ by more than a day's price move. Compare the live rates and the making charges before you buy.

International gold is at $3,997 an ounce (+0.00% since 24 Oct), the rupee at ₹95.00 to the dollar (stronger by 0.04%), and the Indian jeweller board median at ₹14,259/g for 24K (-0.02%).

What the world's gold news is about today: Indian demand (5 headlines), Records and profit-taking (5 headlines), US interest rates (3 headlines).

Indian demand. Festival and wedding buying, and import costs, move local premiums and the price on the jeweller board. In the news: Malabar Gold rates October 2026: 22K, 24K gold compared with Tanishq, Joyalukkas; Which jeweller offers the best prices? (Livemint); Gold Price Drops Significantly After Dashain Festival (Ratopati).

Records and profit-taking. Big moves feed on themselves for a while, and sharp rallies attract profit-taking. In the news: Gold, silver face fresh test as oil surge puts Fed policy decision in focus (Business Standard); Gold, Silver Face Test: Oil Surge, Fed Policy Decision in Focus (Rediff MoneyWiz).

US interest rates. Gold pays no interest, so expectations of lower US rates tend to support it and higher rates tend to weigh on it. In the news: Gold Price Outlook as US Bond Yields Rise Ahead of FOMC Decision (Benzinga); Gold, silver face fresh test as oil surge puts Fed policy decision in focus (Business Standard).

High-impact US data due this week: Federal Funds Rate, FOMC Statement, FOMC Press Conference, Advance GDP q/q and 1 more. Gold often moves sharply around these releases; which way is not knowable in advance.

For buyers: the gap between the cheapest and dearest jeweller on our board is ₹409/g today, and making charges usually differ by more than a day's price move. Compare the live rates and the making charges before you buy.