Newmont

Gold and precious metals remain under pressure as rising Treasury yields extend a broad consolidation phase after record gains in 2025. Technical traders are watching October for a potential turning point, with gold possibly retesting the $4,000 area before the broader uptrend resumes.

Gold remains under pressure as rising Treasury yields and a stronger dollar extend the pullback across precious metals. Market participants are watching October for a possible turning point that could reset the broader uptrend after a consolidation year.

Gold and broader precious metals are heading into a pivotal stretch as August CPI, Treasury yields and crude oil risk reshape expectations for next week’s Federal Reserve decision. Market participants are watching whether a rate hike triggers another leg lower or whether a hold clears the way for a sharp rebound in metals and miners.

Gold and the broader precious metals complex are entering a decisive stretch as traders weigh next week’s Federal Reserve decision against rising oil prices and Treasury yields. A rate hike could extend the correction, while a pause may revive bullish momentum across metals and miners.