Gold falls below US$4,000 and reaches lowest level in about a year
Silver also retreated to its lowest since November, while a sell-off in technology stocks and concerns about AI spending weighed on metals
BY THE X-TRADER NEWS NEWSROOM · REPORTING FROM MONEY TIMES · 3 MIN
Gold closed down on Friday (30) and registered the lowest price in about a year, in a trading session marked by fears linked to artificial intelligence. According to Money Times, the metal fell 3.3% in the December Comex contract, quoted at US$3,898.9 per troy ounce. The price was below the US$4,000 per ounce mark, a level not seen since September 2025.
Silver followed the movement and had a bigger loss. The December contract on Comex fell 5.9%, to US$49.276 per troy ounce, and reached the lowest since November 2025, also according to Money Times.
Over the period, the sequence of losses is more significant. During the week, gold accumulated a drop of 2.71%, and in October, 6.9%. Silver fell 2.90% in the week and 13.51% in the month, which weighed on the metal's performance in October.
Money Times cited three factors to explain the decline: the widespread sell-off of technology stocks, concerns about the volume of spending on artificial intelligence and renewed inflationary fears. As gold is usually sought after in times of uncertainty and high inflation, the simultaneous drop attracts the attention of those who follow the metal.
For those who defend fiscal responsibility and free markets, the episode reinforces a well-known lesson: when inflation becomes a concern again, the market demands discipline from public accounts and central banks. What is at stake now is whether the tension is restricted to the technology sector or affects other asset classes.
What changes for the investor
For those who operate gold, silver or stocks linked to commodities, the relevant data is the combination of factors. A drop that hits metals and technology stocks at the same time suggests that it is worth observing whether the relationship between these assets continues. Anyone who uses metals as diversification or protection should monitor whether inflation remains at the center of the discussion, as this topic tends to influence interest rates and risk appetite. This article does not provide a buy or sell recommendation, and the future behavior of prices depends on variables that this Friday's trading session does not reveal.
Automatically translated from Portuguese.
