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International Business Times UK
International Business Times UK
Ma. Kyla Morco

Gold Could Rebound After a $1,500 Crash, but One Market Signal Could Decide Its Next Move

Gold Jim Cramer United States Carley Garner US Federal Reserve
Gold could gain if falling oil eases inflation and yields, but a stronger dollar or Fed outlook may weigh on it. (Credit: Pixabay)

Gold's brutal 2026 sell-off may have set up a technical setup for a bounce, with CNBC's Mad Money host Jim Cramer citing commodities strategist Carley Garner's view that the metal could move towards $4,500 (£3,400), and potentially $4,650 (£3,515), if it holds support around $4,150 (£3,135).

Gold fell nearly 1% on 7 October to $4,122.73 (£3,115) as the US dollar strengthened and investors awaited the Federal Reserve's latest meeting minutes. The move left the metal just below the support level that could determine whether the technical recovery develops further.

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