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Gold prices have tumbled from recent records. What's behind the losses?
Less than a day after gold soared to another record high, prices for the precious metal plunged — marking the biggest sell-off in years. Gold futures in New York closed at a record $4,374 per troy ounce on Monday, before falling more than $250 (or 5.74%) Tuesday. That's the largest, single-day percentage drop seen since September 2011, according to data in FactSet. And despite some brief rebounds, losses continued to pile up Wednesday — with gold futures trading at about $4,036 as of 11 a.m. ET. Prices are still up since the start of 2025. Gold sales often rise sharply amid wider economic uncertainty, as anxious ... (full story)
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From finance.yahoo.com | Oct 22, 2025
The price of gold can be quoted in multiple forms because the precious metal is traded in different ways. The two main gold prices that investors should know about are spot prices and gold futures prices. The spot price of gold is the current market price per ounce for physical gold as a raw material, sometimes called spot gold. Gold ETFs that are backed by ...
From tickmill.com | Oct 22, 2025
Gold prices remain under pressure midweek following a heavy reversal lower yesterday. The recovery in USD and broader risk sentiment linked to softening US/China tensions has seen a heavy covering of long positions in gold futures. The squeeze has seen the market dropping around 8% in the last 24 hours. With USD poised to continue higher this week the ...