Gold holds near three-month lows while reports differ on the cause

Gold prices held near three-month lows on Monday, October 26, 2026, reports say. The reports differ on the cause.

One report says gold opened at its lowest in three months at the start of a week with a Federal Reserve rate announcement. Another says prices are squeezed between rising oil and falling yields.

A third report says gold is oversold below $4,000 (a level per ounce), while a rally may stay out of reach in the near term. The reports do not say what happens next.

Silver prices are also in focus. One report says gains in silver may be limited, while another says silver output at Fresnillo declined in 2026.