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Gold fell 3.6% to $3,876.39 per ounce on the last trading day of October, its worst monthly performance since the 2008 financial crisis. Silver dropped more than 6% to below $49 per ounce, and investors are reportedly selling gold to cover losses elsewhere; Indonesia's September trade data is also due this week.
Gold and silver weakness reflects broader risk-off selling tied to higher oil and inflation fears, with limited direct effect on feed grain prices.
bloombergtechnoz.comMerinda FaradiantiNov 1, 2026bloombergtechnoz.comMerinda FaradiantiNov 1, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
