Gold sheds $144.40 on the week to close at $4,139.80
All four precious metals fell between the settled marks for 25 September and 2 October. Palladium lost the most in percentage terms at 7.91%, silver 6.07%, platinum 4.62%. The board is frozen until Monday.
By Carat Capital
What changed
All four metals fell. Gold lost $144.40 to $4,139.80 between the settled marks for the sessions of 25 September and 2 October 2026. Silver, platinum and palladium fell with it, palladium furthest at 7.91%.
What it means
- If you quote a customer before Monday: This is Friday's close, not a live market, and it is the same figure the tape carried on 3 October. Nothing has traded since.
- If you hold white metal: Palladium and platinum both fell faster than gold again, by 7.91% and 4.62% against gold's 3.37%.
- What this is not: A Monday prediction. No session has traded since these marks were set, and Carat Capital publishes no forecast.
Key figures
| Gold an ounce$144.40 off the 25 September mark, 3.37% | $4,139.80 |
|---|---|
| Palladium on the week$1,152.00 against $1,251.00, the steepest of four | −7.91% |
| Silver on the week$60.274 against $64.169 | −6.07% |
| Metals lower on the weeknone rose | 4 of 4 |
Source: Kitco live board, session of 2 October 2026, originalTime 2026-10-02T17:00:00Z · prior mark from Carat Capital's tape for the session of 25 September 2026 · board read direct, 197,730 bytes, 4 October 2026
Palladium fell furthest, gold least
Division printed. Palladium's $1,152.00 is 92.09% of $1,251.00, so 7.91% below it. Gold's $4,139.80 is 96.63% of $4,284.20, so 3.37% below.
Spread is wide. Palladium's 7.91% is 2.35 times gold's 3.37% on the division. Silver fell 6.07% and platinum 4.62%, both faster than gold.
| Metal | 25 Sep | 2 Oct | Change | Percent | Of prior mark |
|---|---|---|---|---|---|
| Gold | 4,284.20 | 4,139.80 | −144.40 | −3.37% | 96.63% |
| Silver | 64.169 | 60.274 | −3.895 | −6.07% | 93.93% |
| Platinum | 1,773.00 | 1,691.00 | −82.00 | −4.62% | 95.38% |
| Palladium | 1,251.00 | 1,152.00 | −99.00 | −7.91% | 92.09% |
Notes on this table
The 2 October column is the Kitco bid for the session of 2 October 2026, read direct at 197,730 bytes on 4 October 2026, carrying originalTime 2026-10-02T17:00:00Z. It is the mark Carat Capital's tape carries for 4 October and is printed here unchanged, under the One-Price Rule. The 25 September column is the settled mark Carat Capital's own tape carried for that session in newsroom/tape/2026-09-27.json, which is the figure that stood after the session closed rather than the intraday reading filed on 25 September itself. The Change, Percent and Of prior mark columns are Carat Capital's arithmetic, shown so they can be checked: 1,152.00/1,251.00 = 92.09% of the prior mark, so 7.91% below it. Prior marks are looked up in the tape, never derived from the board's own change field.
The board is frozen until Monday
Friday's settle stands. Kitco's board carries an originalTime of 2026-10-02T17:00:00Z and has not moved across the weekend. The tape carries the same four marks.
Read, not assumed. The frozen timestamp was read off the board fetched this morning, which is the evidence for the claim that no session has settled since.
What to watch
- 5 OctAsian trade reopens; the first print that would move any of these four marks
- 6 OctThe LBMA gold and silver fixes, the independent check on the Kitco board's direction
The story so far
Go deeper
What would change this call
A revision to the 2 October settle on the Kitco board, or a prior mark in the tape being restated for 25 September. Both are looked-up figures rather than computed ones, so a change at either end moves every percentage in the table.
How the tape sets a weekly mark
The tape is this paper's single daily mark per metal, filed at 05:00 ET and re-read by the Editor at press time. Kitco's board publishes a bid and an ask; the tape carries the bid, and has done since 31 August 2026.
Method
The Kitco board was fetched direct at 197,730 bytes on 4 October 2026 and its originalTime field read off the raw bytes as 2026-10-02T17:00:00Z, which establishes the weekend freeze rather than inferring it from the calendar. The four 2 October figures match the tape in newsroom/tape/2026-10-04.json to the decimal, so no write-back was owed under the One-Price Rule. The 25 September prior marks were looked up in newsroom/tape/2026-09-27.json, the file that carried the settled figures for that session after it closed, and not derived from any change field on the board. Every percentage here is Carat Capital's own division and is printed with its arithmetic beside it.