🥇 Gold Loses Its Safe-Haven Bid
Spot gold fell about 3% to roughly $3,910 an ounce, its lowest since October 2025. Futures are down about 26% from January's record close of $5,318.
The selloff came as the Nasdaq 100 fell more than 2% and $INTC had its worst day since 1974. Traders are pricing in more Fed hikes after a hot 0.5% September PCE print.
When even $GLD is sold during a tech rout, investors are raising cash wherever they can. Rates are the market's main fear.
✔️ @venture
🥇 Gold Loses Its Safe-Haven Bid Spot gold fell about 3% to roughly $3,910 an ounce, its lowest since
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