News | by Juyou Finds News Desk | November 01, 2026

Gold Sinks to One-Year Low, Silver Slips Below $50 on Inflation Concerns, Tech Selloff

Front-month Comex gold fell 3.3% to $3,885.70 an ounce on Friday, its lowest settlement since October 3, 2025, while silver sank 5.9% to $49.097, its lowest close since last November. Seeking Alpha ties the swoon to accelerating September inflation, a tanker attack in the Strait of Hormuz lifting oil, and a near-3% Nasdaq plunge that may have forced selling and margin calls. For the week, gold fell 2.7% and silver 8.6%.

Read the full article: https://www.tradingview.com/news/seekingalpha:9e83c5fc7094b:0-gold-sinks-to-one-year-low-silver-slips-below-50-on-inflation-concerns-tech-selloff/

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