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Note: Low and High figures are for the trading day.
Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It’s traded constantly based on the intra-day spot rate. Improve your technical analysis of live gold prices with the real-time XAU/USD chart, and read our latest gold news, expert analysis and gold price forecast.
Commodities Update: As of 10:00, these are your best and worst performers based on the London trading schedule:
Oil - US Crude: -0.24%
View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/KxQK7lnyxY
Commodities Update: As of 07:00, these are your best and worst performers based on the London trading schedule:
Oil - US Crude: 0.01%
View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/bAbaq01jQ8
The tenth month of the year typically sees more positive results for the US Dollar. The Euro and the Japanese Yen tend to underperform the rest of the majors in October. October has been a better month for both gold prices and US stocks. https://www.dailyfx.com/forex/technical/article/fx_technical_weekly/2022/10/05/monthly-forex-seasonality-october-2022-us-dollar-rallies-gold-and-stocks-rebound.html
Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. Forex trading involves risk. Losses can exceed deposits. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading.
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