December gold futures fall as markets price further Fed tightening
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CME Group’s October 22, 2026 video reports December gold futures reaching a nearly three-month low, with prices down about 2.28% near the futures close and about 3.79% since the October 9 swing-high close. It cites stronger-than-expected September CPI and initial jobless claims of 194,000, below 200,000 expected. The presenter attributes pressure on gold to higher short-term rate expectations despite falling Treasury yields. The title and transcript give conflicting low-price notation. No trade proposal or earlier-trade update is supplied.
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