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Spot gold fell about 3.6% on 30 October, breaking below $3,900 to an intraday low near $3,870, its weakest level since October 2025. It was trying to stabilise near $3,900 on 2 November as oil eased and sentiment improved slightly.
Gold's slide reflects concerns over AI investment, persistent US inflation and possible further Fed rate hikes, which lift real yields and the dollar. For feed buyers, this is a financial-market move with little direct bearing on feed input prices.
mitrade.comMitrade TeamNov 2, 2026Not 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.
