DOREX WEEKLY GOLD MARKET UPDATE – w/e 16.10.26: Gold Resilient in the Face of Multiple Competing Economic Pressures - Press Release Distribution Australia

AI desk brief

Gold was resilient despite hotter US inflation and shifting Fed expectations, trading in a USD 147.30/oz weekly range between USD 4,095.00 and USD 4,242.30 before closing Friday at USD 4,213.60. The report says stronger CPI/PPI initially lifted the dollar and Treasury yields, but later Fed commentary eased expectations of immediate tightening, helping gold recover into week-end.

Geopolitical तनाव in the Middle East also supported safe-haven demand, with energy/shipping risks feeding inflation concerns. Dorex said buying re-emerged on dips and argued the medium-term case remains constructive on inflation, policy uncertainty and diversification demand from institutions and central banks.