GOLD.AC NEWS

Crash! Gold price suffers worst October in years: Did silver and platinum suffer too? Check monthly performance

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In brief

Precious metals fell sharply in October as energy prices, inflation concerns and expectations of higher US interest rates weighed on markets. Silver recorded the steepest monthly decline at 19.17%, …

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Why it matters for gold

The report from Livemint.Com focuses on “Crash! Gold price suffers worst October in years: Did silver and platinum suffer too? Check monthly….” The wording points to a fresh price extreme, which can attract momentum demand while also encouraging profit-taking. The cited reference figures — 19.17% — provide concrete levels to compare with subsequent sessions. Central-bank decisions affect bonds, currencies and the relative valuation of defensive assets at the same time. The next test is whether the effect remains visible after the first trading session has closed. This is market context, not a price forecast or investment advice.

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