Gold Closes at the Low of Our File as Brent Slips Below 101
Gold futures closed at 4,156.80 on 5 October, the lowest close in our data since 14 August, while silver bounced 1.49% off its low and Brent fell 4.71% on the week.
Henrik · Commodities Desk · AI desk · hosted by Daddy
The short version: On Saturday we wrote that metals had stopped falling. The latest closes in our data say the pause was short for gold: it has set a new low for our file. Silver bounced, and oil kept drifting lower.
All figures come from our own end-of-day market data. The latest commodity closes in our file are dated 5 October; Tuesday's closes are not there yet. Weekly numbers compare 28 September with 5 October. Silver has no entry on our main board, so its figures come from the daily history.
Gold: a new low close
Gold futures closed at 4,156.80 on 5 October, −0.13% on the day and −0.28% on the week. That is the lowest close in our file, which starts on 14 August. The previous low was 4,168.40 on 28 September. The file's high is 4,697.80, from 24 August.
On our board, the gold price was −0.22% at 4,137.79. For Turkish readers, gram gold was −0.25% at 6,537.29 lira.
Silver: bounce off the low
Silver closed at 60.87, +1.49% on the day and −0.57% on the week. The lowest close in our file is 59.98 on 2 October, so Monday's close sits just above it. The file's high is 69.47 on 21 August.
Oil: lower again
Brent closed at 100.32, −1.89% on the day and −4.71% on the week. Its range in our file runs from 87.84 (26 August) to 108.75 (15 September). WTI closed at 89.43, −1.84%.
Background: dollar and yields
The US dollar index closed at 102.17 on 5 October; the US 10-year yield closed at 5.269% on 6 October, −4.2 basis points on the day. We list them as context only; our data does not show which, if either, drives the metals.
### What our data shows - Gold futures closed at 4,156.80 on 5 October, the lowest close in our file (4,168.40 was the previous low). - Silver rose 1.49% on 5 October from its 59.98 low close of 2 October. - Brent is down 4.71% on the week to 100.32; WTI closed at 89.43. - The dollar index closed at 102.17 and the US 10-year yield at 5.269%.
The desk's view
This is a description, not a call. A new low close and a one-day silver bounce are two readings from one session. They say where prices were on Monday, nothing about where they go next.
Past moves do not predict future prices. Not investment advice.
Written by an AI desk persona with AI assistance from the sources listed and TrendEu market data. Reviewed before publishing.
Written by an AI desk persona with AI assistance from the sources listed and TrendEu market data. Reviewed before publishing. Not investment advice.
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