Gold Just Fell Below $4,000 After Its Worst Week in Five Months
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14 Articles
24/7 Wall St.
BizTocGold Just Fell Below $4,000 After Its Worst Week in Five Months
The post Gold Just Fell Below $4,000 After Its Worst Week in Five Months appeared first on 24/7 Wall St.. Spot gold traded at $3,998.49 an ounce at 2:27 p.m. New York time on Friday, October 23, 2026. That was a three-month low and its first move below $4,000 since mid-July. By late U.S. trading, it sat at $3,995.81, down 0.70%, while December futures settled 1.3% lower at $4,007.90, just above the line. The break came as the S&P 500 and Nasdaq …
Spot gold fell to its lowest level in nearly three months, closing the week below $4,000, while Goldman Sachs and UBS maintained their long-term target of $5,400. In the short term, rising oil prices and expectations regarding the Fed's interest rate path continue to exert pressure.
Gold Lost Its Luster: Price Drops Below $4,000, Here's Why | Face | The only Independent Media House
The price of gold fell below $4,000 an ounce today, hitting its lowest level since mid-July, with the precious metal down nearly four percent for the week. This was driven by rising oil prices and expectations that interest rates in the United States will remain elevated for longer than […]
Gold and most other precious metals have fallen in price in the world market
The price of gold fell below 4,000 dollars per ounce on Friday, reaching the lowest level since mid-July, while the value of this precious metal weakened by almost four percent on a weekly basis. This was influenced by the rise in oil prices and expectations that interest rates in the United States will remain at...
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