Gold fell 0.25% on October 1, 2026, settling at $4,175.19. The modest single-session decline added to an already difficult stretch for the commodity, with the metal now down 1.90% over the past seven days.
The 30-day picture shows a more pronounced pullback, with gold having lost 4.58% over that period. The consecutive losses across all three timeframes point to sustained selling pressure in the precious metals market.
Gold does not carry a reported market capitalization figure, as its valuation is derived from spot pricing across global exchanges rather than a fixed outstanding supply metric in the way equities are measured.
The commodity's current price of $4,175.19 reflects the cumulative effect of the recent downward drift, leaving traders to assess whether the multi-week slide represents a consolidation or a continuation of broader selling interest.
