Commodities

Gold Slips 0.98% as Metal Posts Losses Across Near-Term Periods

Gold fell on October 7, 2026, extending declines seen over the past week and month.

By Love Wallet · October 7, 2026

Gold Slips 0.98% as Metal Posts Losses Across Near-Term Periods
Price
$4,118
24h
-0.98%
1 week
-1.62%
1 month
-6.21%

Gold traded at $4,117.77 on October 7, 2026, marking a 0.98% decline over the prior 24 hours. The drop continued a stretch of negative performance for the metal across multiple timeframes.

Over the past seven days, gold has shed 1.62%, while the 30-day period reflects a steeper pullback of 6.21%. The consecutive losses across near-term windows point to sustained selling pressure on the commodity.

Gold's retreat over the month represents its most significant drawdown of the tracked periods, with the 30-day decline of 6.21% outpacing both the daily and weekly losses in magnitude. The metal's current price of $4,117.77 reflects where it settled following the latest session's move lower.

Market capitalization data for gold was not available as of the reporting date. The figures reflect spot pricing for the commodity as tracked on October 7, 2026.

Market data is provided for informational purposes only and may be delayed. Nothing in this article is financial advice.

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