Core Viewpoint - Investors are closely monitoring the upcoming Federal Reserve interest rate decision, which has impacted the attractiveness of gold as a safe-haven asset, leading to a decline in gold prices [1] Group 1: Precious Metals - Spot gold fell to a three-week low, dropping to below $3900 per ounce at one point, and ultimately closing down 0.73% at $3952.71 per ounce [1] - Citigroup has lowered its short-term price targets for gold and silver, reducing the 0-3 month gold price forecast from $4000 to $3800 per ounce, and the silver price forecast from $55 to $42 per ounce [1] Group 2: Oil Market - International oil prices declined as investors weighed the impacts of sanctions on Russia and OPEC+ production increases, with WTI crude oil closing down 2.23% at $60.05 per barrel, and Brent crude oil down 2.77% at $63.87 per barrel [1] Group 3: Employment Data - ADP released the U.S. national employment report, estimating an average of 14,250 new jobs added per week over the four weeks ending October 11 [1] Group 4: Political and Geopolitical Developments - The U.S. federal government remains in a "shutdown" as the Senate rejected a temporary funding bill for the 13th time [1] - Tensions in the Middle East continue as Israel claims Hamas violated a ceasefire agreement, leading to multiple airstrikes on Gaza, while Hamas denies the violation and has postponed the transfer of hostage remains [1]