News

🚨 🌍 Gold sinks to its lowest since November 2025 and silver breaks below $50 as tech shares slide

October 30, 2026 · 2 min read · Pardip Bansal

🚨 🌍 Gold sinks to its lowest since November 2025 and silver breaks below $50 as tech shares slide

  • 🌍 Spot gold fell about 2% to around $3,940 an ounce, its lowest level since November 2025 (newswires, )
  • 🌍 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.

FILED UNDER News Gold Dollar