Business
Gold edges higher as dollar slips and Treasury yields fall
October 16, 2026 at 04:29 PM
Coverage
2 reports · over 5 hours
Gold prices rose slightly on Friday as the dollar weakened and Treasury yields fell, though bullion remained on track for a weekly decline.
- Spot gold rose 0.2 percent to $4,177.82 an ounce, with the dollar headed for its first weekly loss in five weeks.
- US Treasury yields fell 12 to 15 basis points across maturities, supporting the metal that pays no income.
- US producer prices rose last month at the fastest pace in four and a half years, following accelerating September consumer inflation.
- Chicago Fed President Austan Goolsbee said inflation data that came in stronger than expected this week was "disappointing."

