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Why gold's record-shattering rally has stalled out
The price of gold retreated this week after a steady, monthslong rally to all-time highs. The precious metal is down 7.6% since Monday, with most of the losses coming during Tuesday's session. The decline follows a 63% rally year-to-date. Investors had been piling into the asset as part of the so-called "debasement trade," a way to hedge against a falling US dollar amid fears over relentless government spending, mounting debt, and the potential for another bout of inflation. Not much in the fundamental outlook for gold has changed, save for perhaps a small rebound in the dollar, said Peter Perkins, a global strategy ... (full story)
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Gold futures experienced significant volatility, dropping to $4,021 an ounce in morning trading, following its steepest daily decline in over 12 years. The pullback halted a major upward trend that had persisted since mid-August, though Gold futures remain up approximately 55% for the year. The initial rally was driven by the "debasement trade," with ...
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From cnbc.com | Oct 23, 2025
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 ...
