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Gold and related stocks are falling for a second day. The metal is off more than 6% from high
Gold prices fell for a second day on Wednesday, as investors took profits after a weeks-long rally. Gold futures lost $43.70, or 1.06%, to close at $4,065.40 per ounce. Gold mining stocks such as Barrick were last down more than 1%. The precious metal sold off sharply Tuesday, losing 5.74% to close at $4,109.10 in its worst performance since 2013. The two-day selloff comes after gold futures hit a intraday record of $4,398 per ounce on Monday. There is no macroeconomic or geopolitical event driving the pullback in gold prices this week, according to Swiss bank UBS. “If we look at adjustments to non-commercial ... (full story)
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From morningstar.com | Oct 22, 2025
Gold prices fell again on Wednesday, a day after posting their biggest one-day drop in over a decade - yet history shows that the plunge is more likely to be followed by a modest move higher. Gold for December delivery (GCZ25) (GC00), the most active contract, had rallied 56% for the year through Tuesday's session. It peaked at $4,398 per ounce in Monday ...
From finance.yahoo.com | Oct 22, 2025
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 ...
