Gold on Track for Biggest Daily Drop Since 2020

Gold on track for biggest daily drop since 2020

Spot gold was down 5.5% to a one-week low

Gold Sheds Over 5% After Strong Rally, Worst Daily Decline Since 2020 - Thepodiummedia

Gold fell 5.32% on the global commodity market on October 21, 2025, marking its sharpest single-day decline since 2020 and dipping below $4,200 per ounce. The drop followed a strong rally that began in September and intensified through early October, driving the metal past the $4,000 mark to a record high of $4,355 per ounce on October 20. By the next trading day, the rally had run out of steam as gold lost more than 5% to close at $4,123. Accor…

Gold sheds over 5% after strong rally, worst daily decline since 2020

Gold fell 5.32% on the global commodity market on October 21, 2025, marking its sharpest single-day decline since 2020 and dipping below $4,200 per ounce.  The post Gold sheds over 5% after strong rally, worst daily decline since 2020  appeared first on Nairametrics.

Gold (XAU/USD) Price Down 5.7%, Biggest Daily Drop Since 2020. What Next for Gold Prices?

Gold prices saw a sharp decline on Tuesday, on track for their steepest daily drop in five years, as investors sold the precious metal. A stronger US dollar and the decision by traders to take profits caused the price to fall significantly. This was compounded by US President Trump who softened his stance regarding a […] The post Gold (XAU/USD) Price Down 5.7%, Biggest Daily Drop Since 2020. What Next for Gold Prices? appeared first on Action Fo…

Gold’s Price Falls 6% After Record-Breaking Rally

The price of gold is down 6% on Oct. 21 following a record-breaking rally in recent months. Elevate Your Investing Strategy: Gold is currently trading at $4,150 per ounce amid its steepest decline since November 2020. Analysts are attributing the drop to investors booking profits and the U.S.…