After an extraordinary nine-week rally that saw gold prices soar to record highs, the precious metal has finally stumbled.
On Friday, 24 October 2025, spot gold fell to approximately $4,112 (£3,093.17) per ounce, marking a weekly decline of nearly 3%—its steepest drop since May. The reversal has left investors and analysts scrambling to understand what triggered the sudden shift in momentum.
