Markets News

The IEA accelerated the release of reserves to provide emergency relief, and gold ETFs attracted record amounts of money in the third quarter. Will gold prices continue to fall?

The IEA accelerated the release of reserves to provide emergency relief, and gold ETFs attracted record amounts of money in the third quarter. Will gold prices continue to fall?

· The IEA supports accelerating the release of approximately 100 million barrels of oil reserves committed in March but not yet deployed, prioritizing the release of diesel. This news is bearish for crude oil. · France announced it will release an additional 10 million barrels of diesel from its reserves. This news is bearish for crude oil. · The World Gold Council announced that global gold ETFs attracted a record $31 billion in funds in the third quarter. This news is bullish for gold.

TOPONE Markets Analyst
2026-10-08 08:34:08
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