https://www.live-feeds.com/feed/gold-gains-as-oil-dollar-retreat-investors-brace-for-us-inflation-testContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/gold-gains-as-oil-dollar-retreat-investors-brace-for-us-inflation-testhttps://www.live-feeds.com/feed/gold-gains-as-oil-dollar-retreat-investors-brace-for-us-inflation-test#u125305Fri, 16 Oct 2026 08:49:20 +0000Spot gold climbed 0.4 percent to $4,186.91 per ounce by 08:58 GMT on Tuesday, driven downward by retreating crude oil prices and a weaker US dollar. December US gold futures similarly advanced 0.5 percent. Traders are awaiting key US consumer and producer price inflation reports to gauge the trajectory of Federal Reserve monetary policy, while ongoing Middle East conflicts continue to stoke broader inflation concerns.Why it mattersPrecious metals markets remain sensitive to upcoming US inflation metrics that will influence the Federal Reserve outlook and interest rate decisions. Concurrently,