Macro Finance
Gold Drops to Near $4,000 on Hot Inflation, Tech-Stock Selloff
Bloomberg Markets·October 29, 2026·1 min read
Gold fell to near $4,000 an ounce, on track for a second monthly loss, as rising oil prices added to inflationary pressure and a tech-stock selloff raised the risk of investors selling the metal to cover losses. The decline reflects growing concerns about inflation and market volatility.
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