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Gold futures print their steepest decline in over 10 years
December Gold futures saw their biggest one-day percentage move to the downside in more than a decade, dropping over $300 from the high to the low of the day. The December contract settled down 5.32%. Easing US-China trade tensions appeared to be the main culprit for the sharp selloff. Optimism was noted following President Trump's statements expressing confidence in a fair trade deal and an expected meeting between Treasury Secretary Scott Bassett and Chinese Vice Premier He Lifeng this week. Additionally, India's seasonal buying of physical gold may be moderating as the festive purchase window, which delivered ...
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Gold plunged the most in a dozen years while silver had its biggest drop since February 2021 on Tuesday amid a broad market selloff following a weeks-long rally that sent precious metals to successive record highs. Bloomberg's Mike McGlone reports.
From finance.yahoo.com | Oct 21, 2025
Gold prices tumbled in their biggest daily drop in years as a stunning rally in precious metals came to a halt. Futures for the yellow metal dropped as much as 5% to hover near $4,141 per troy ounce, on pace for their largest drop since August 2020. Meanwhile, spot gold declined more than 6%, seeing its biggest one-day decline in 12 years, according to ...
A weak UK CPI reading puts a potential rate cut on the table for the BOE, and gold's big drop yesterday has traders questioning whether the multi-year uptrend is ending. FOREX.com's Global Head of Research Matt Weller breaks down the key news you need to know ahead of the US Open, as well as taking a look at today’s chart of the day, Gold.
