Macro Finance
Gold Drops Below $4,000 on Hot Inflation, Tech-Stock Selloff
Bloomberg Markets·October 29, 2026·1 min read
Gold fell below $4,000 an ounce — on track for a second monthly loss — as rising oil prices added to inflationary pressures and a tech-stock selloff raised the risk of investors selling the metal to cover losses. The precious metal's decline highlights shifting investor sentiment amid global market volatility.
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