Macro Finance
Gold Poised for Worst October Since 2008 as AI Stock Rout Grows
Bloomberg Markets·October 29, 2026·1 min read
Gold tumbled to the lowest in a year, poised for its worst October since 2008, as rising oil prices added to inflationary pressures while traders sold the precious metal to cover losses elsewhere amid a global tech-stock rout. The selloff underscored a broader risk-off mood across markets.
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