News
π¨ π Gold sinks to its lowest since November 2025 and silver breaks below $50 as tech shares slide
π¨ π Gold sinks to its lowest since November 2025 and silver breaks below $50 as tech shares slide
- π Spot gold fell about 2% to around $3,940 an ounce, its lowest level since November 2025 (newswires, )
- π Spot silver extended its slide to about $49.6, down more than 5% on the day, a clean break of the $50 level it was testing an hour earlier (newswires, )
FO view: Gold falling with a softer dollar, lower Treasury yields and the Gulf conflict unresolved looks like liquidation into the month end rather than a macro signal, and it shows gold is not trading as a haven despite the Hormuz tanker strikes.
Not investment advice.