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Jewish News 24 · Oct 22, 2026

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💰📉 GOLD PRICES SLIDE AS SURGING OIL RAISES INFLATION FEARS: Gold fell 1.3% to around $4,085 per ounce in early Thursday trading, later dropping toward $4,060 as rising oil prices fueled concerns over persistent inflation and higher interest rates. Analysts warn that elevated Treasury yields and a potentially stronger dollar could put further pressure on gold, with $4,000 seen as a key support level. Investors expect the Federal Reserve to hold rates steady at next week’s meeting, while growing inflation concerns raise the possibility of additional rate hikes later this year.

💰📉 GOLD PRICES SLIDE AS SURGING OIL RAISES INFLATION FEARS: Gold fell 1.3% to around $4,085 per ounce in early Thursday trading, later dropping toward $4,060 as rising oil prices fueled concerns over persistent inflation and higher interest rates. Analysts warn that elevated Treasury yields and a potentially stronger dollar could put further pressure on gold, with $4,000 seen as a key support level. Investors expect the Federal Reserve to hold rates steady at next week’s meeting, while growing inflation concerns raise the possibility of additional rate hikes later this year.

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