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Macro Finance

Gold Drops as Tech Stock Slump Forces Investors to Cover Losses

Bloomberg Markets·November 6, 2026·1 min read

Gold prices fell as a global technology stock selloff deepened in Asia, prompting some investors to sell the precious metal to cover losses elsewhere. The decline in gold came as equities tumbled, with investors liquidating assets to meet margin calls and rebalance portfolios.

Read at Bloomberg Markets
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