Gold slides below $3,900 to yearly low on hawkish Fed expectations: Oct 31, 2026
Gold has fallen below $4,000 to near $3,886-$3,900, a one-year and year-to-date low, while silver moved above $50 and mining stocks declined. The move comes as hawkish Federal Reserve expectations weigh despite a risk-off mood and falling yields, with elevated energy prices and position-cutting cited as factors.
Updated
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Headlines (8)
Carried over from earlier days
- How Gold and Silver Are Traded By Different Investor TypesInvesting.com
- Gold and Silver Fall Despite Falling Yields — Is Position-Cutting Driving the Sell-Off?ActionForex
- Gold slips below $4,000 despite risk-off mood as hawkish Fed expectations weighFXStreet
- Breaking: Gold crashes below $3,900 eyes on YTD lowFXStreet
- Gold price slumps to one-year low, silver price breaks $50 as mining stocks tankMining.com
- Gold falls 13-month low as energy prices remain highaa.com.tr
- Gold breaks $3,886 floor to new YTD low as Fed hawks press onFXStreet
- Gold Price Just Hit a Yearly Low. What Are Analysts Saying?BeInCrypto
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Sunday, November 1 | ||
| Daylight Saving Time Shift | USD | |
| FOMC Financial Stability Report | USD | |
| Monday, November 2 | ||
| Retail Sales y/y | 3.0% | CHF |
| Manufacturing PMI | 55.3 | CHF |
| Final Manufacturing PMI | 56.0 | USD |
| ISM Manufacturing Prices | 77.2 | USD |
| Construction Spending m/m | 0.3% | USD |
| ISM Manufacturing PMI | 54.7 | USD |