Gold drops 2.7% to lowest level since October 2025
Press coverage 3 newspapers covered this event: Al-Jarida · Al-Qabas · Sarmad →
Global gold and silver prices fall amid rising inflation concerns and expectations of tighter monetary policy.
Translated by Qiyas from السياسة — Original source
Ounce price falls to $3,910.53 amid pressure on precious metals markets
Global gold prices fell by 2.7 percent during Friday’s trading session, dropping to $3,910.53 per ounce, marking their lowest level since October 2025, amid pressures stemming from rising oil prices and growing concerns about U.S. inflation.
Reuters reported that the decline in the yellow metal came as expectations grew for continued tightening of U.S. monetary policy, driven by inflationary pressures linked to higher energy costs, which reduced gold’s appeal to investors.
The U.S. Federal Reserve kept interest rates unchanged during its meeting this week, while inflation data and developments in energy markets reinforced expectations of a potential rate hike in the near future.
Gold is on track to record its second consecutive monthly loss, having fallen by approximately 5.9 percent since the beginning of October.
The downward trend extended to other precious metals, with silver dropping 5.8 percent to $49.34 per ounce, falling below the $50 mark for the first time since November 2025.
