Gold Price Today: $3,875 Saturday Week Ahead After a Second…
By Tobi Opeyemi Amure
AI summary of the source article
Spot gold fell to $3,875.19 an ounce, marking a 7.2 percent decline in October and its second straight monthly drop. The selloff was driven by rising Federal Reserve rate hike bets and forced margin-call liquidations following a tech stock rout.
Key facts
- Spot gold closed at $3,875.19 and December COMEX futures settled 3.3 percent lower at $3,898.90, their lowest levels since October 2025.
- Gold lost about 7.2 percent across October, marking its second consecutive monthly decline.
- Spot silver dropped roughly 5.8 percent to around $49.34, moving below $50 for the first time in 11 months.
Source excerpt · FinanceFeeds
Updated 31 October 2026. Spot gold ended Friday at $3,875.19 an ounce and December COMEX futures settled 3.3 percent lower at $3,898.90 (The Gold Investor; Reuters via Kerala Kaumudi), the lowest levels since October 2025. Gold lost 3.7 percent on the week and about 7.2 percent over the month, its second straight monthly decline . Verdict: the weekend starts below $3,900 with a tech-stock rout and…