Issue 10 · week ending October 15, 2026
October 15, 2026
September's hotter inflation print pushed gold down toward $4,100 on Wednesday, and analysts spent the evening debating where the floor sits. In Philadelphia, the Mint starts a monthly series today where visitors can meet the people who make the dies.
Gold slid to session lows Wednesday after September CPI came in at 3.7% over 12 months, with core at 2.6%; Kitco had spot gold last trading at $4,107.30 an ounce.
Kitco News printed Spot gold $4,107.30 an ounce; CPI 3.7% over 12 months, core 2.6% (2026-10-14).
TD Securities' Ryan McKay told Kitco that ETF inflows and central-bank buying should keep gold supported around $4,000 to $4,100, even with an October Fed hike back in play.
Kitco News printed gold supported around $4,000 to $4,100 (2026-10-14).
Jefferies reiterated its $5,000 gold forecast for 2027 while trimming its fourth-quarter call to $4,400 from $4,600.
Kitco News printed $5,000 gold forecast for 2027; fourth-quarter call $4,400, trimmed from $4,600 (2026-10-14).
UBP's Peter Kinsella argues a revaluation of the U.S. Treasury's gold could restart the "debasement trade" once yield pressure eases.
Kitco News printed no sale figure.
The Philadelphia Mint opens its Semiquincentennial Meet-and-Greet Series today, Oct. 15, with the Die Shop Division (10 a.m. to 2 p.m. at the tour gallery entrance); the Numismatics Division follows Nov. 13 and the Mint Police Dec. 4.
CoinNews.net printed no sale figure.
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