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Friday 23 October 2026
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Spot gold traded around US$4,120 to US$4,130 an ounce on Wednesday as higher oil prices kept inflation concerns in focus, Reuters reported.
Brent crude was down about 1% at $US108.81 a barrel at 11pm GMT, the ABC reported, after settling at $US109.86 on Friday.
Spot gold settled at $US4,165.40 an ounce on Friday, Investing.com reported, as traders reduced bets on a US rate rise this month.
State fuel retailers' new tender excludes ethanol made from cane juice, sugar and B-heavy molasses amid concerns over a weaker cane crop.
