New York: Gold prices declined in global bullion markets on Thursday, October 29, 2026, while silver, platinum and palladium also recorded losses.
Spot gold fell 0.7% to $4,037.98 per ounce, while US gold futures for December delivery remained steady at $4,049.80 per ounce.
Other precious metals also came under pressure alongside gold. Spot silver dropped 1.5% to $53.15 per ounce, while platinum fell 1.5% to $1,515.70 per ounce. Palladium prices also declined, slipping 0.6% to $1,004.25 per ounce.
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Analysts say price movements in gold, silver and other precious metals in the coming days will largely depend on US economic data, expectations surrounding interest rates and developments in the global geopolitical landscape.
