Overview

• Gold futures settled above $4,000 per ounce on Comex, and Goldman Sachs raised its end‑2026 price target to $4,900.
• Bitcoin eased after a new record near $126,000, while spot bitcoin and ether ETFs logged strong net inflows, led by BlackRock’s IBIT (~$970 million) and ETHA (~$93 million).
• European stocks were flat to lower and U.S. indexes fell, then most Asian markets declined on Oct. 8 following Wall Street’s pullback.
• Brazil’s Ibovespa dropped 1.57% to 141,356 and the dollar closed at R$5.351 as long‑term rates climbed on fiscal worries around MP 1.303 and talk of bus‑fare ‘tarifa zero’.
• Analysts cite renewed ETF buying, sustained central‑bank purchases, and record hedge‑fund positioning as key drivers underpinning bullion’s rally.