Gold prices held steady on Wednesday amid reduced expectations of a Federal Reserve rate hike in October and concerns about rising civil unrest in France and Italy.
Spot gold was largely unchanged at $4,121.91 an ounce while U.S. gold futures slipped 0.1 percent to $4,139.
The U.S. dollar held steady against most major currencies after slipping to a three-week low in the previous session.
As policymakers around the world debate the long-term dominance of the dollar, ECB chief economist Philip Lane said that the European Central Bank can strengthen the euro’s global role and amplify the reach of its monetary policy by offering euro liquidity backstops to foreign central banks.
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Market Analysis
Gold Little Changed In Lackluster Trade
2026-10-21 10:09:17
