# Gold Ends Two-Week Losing Streak After Reaching One-Week High By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/29282 Published: 2026-10-09T21:56:21.000Z Updated: 2026-10-09T21:56:21.000Z Section: Investing > Gold futures gained for the week as investment demand and bargain hunting offset pressure from higher Treasury yields, a stronger dollar and persistent inflation. Gold futures ended Friday at a one-week high, breaking a two-week losing streak as investment demand and bargain hunting supported prices despite pressure from higher Treasury yields and a stronger dollar. The metal posted a weekly gain after two consecutive weekly declines. Persistent inflation pressures and elevated bond yields continued to weigh on gold, limiting the recovery. The rebound followed a [Sept. 28 selloff in spot gold](), when the metal fell 4% intraday to $4,113.68 an ounce as the 10-year Treasury yield climbed to 5.27%. Gold-backed exchange-traded funds were also in focus. Investors have been buying dips and using gold-backed products as hedges against inflation and a decline in the value of fiat currencies. Higher yields remain a risk for gold because they can make non-yielding assets less attractive. The latest move leaves the metal balancing renewed investment demand against continued pressure from rates, the dollar and inflation. ## Links in this article - [Sept. 28 selloff in spot gold](https://www.tokenpost.com/news/investing/24974)