GOLD’S WILD FEW MONTHS

July–September 2026 · October update checked 23 October

+13.3% → −8.5%
AUGUST RALLY · SEPTEMBER PULLBACK · TWO SEPARATE MONTHS
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Gold’s recent months: brief and sources

Checked 23 October 2026. WGC / Bloomberg monthly observations: July $4,027; August $4,563; September $4,176, in USD per troy ounce. Monthly returns are published rounded values, not recomputed from rounded prices. Return bars share a zero baseline and −15% to +15% scale. The price line’s disclosed axis is $3,800–$4,800; joins do not show daily prices. Reuters’ 23 October 03:51 GMT spot quote is separate and intraday. Bullion is illustrative; no holdings or official certification implied. Reported model drivers are not causal proof or a forecast.

World Gold Council: July review, World Gold Council: August review and World Gold Council: September review provide the monthly observations and discussion. Reuters via Business Recorder: 23 October update supplies the separately dated October news snapshot.

The World Gold Council is a gold-industry body. Its return-attribution model describes historical relationships; it does not isolate a guaranteed causal effect. No trading recommendation is made.