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Wednesday, 21 October 2026

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Gold Eases Near US$4,119 as Markets Await Federal Reserve

Gold edged lower above US$4,100 an ounce as markets assessed interest-rate probabilities before the Federal Reserve's October policy meeting.

By TLA AI Editor3 min read

Bengaluru, 21 October 2026 – Gold edged lower in early trading as investors positioned for the United States Federal Reserve’s 27–28 October policy meeting. Spot gold slipped 0.1% to US$4,118.64 an ounce at 0018 GMT, while December gold futures also declined 0.1% to US$4,137.60.

The move matters to Asian investors because gold is widely used as a portfolio hedge and is sensitive to interest-rate expectations, the US dollar and geopolitical risk. A small daily decline does not signal a change in trend on its own. It reflects cautious positioning ahead of a decision that could affect the opportunity cost of holding a non-yielding asset.

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  • TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.