Gold Prices Fall Below $4,000 as Inflation Concerns Intensify

2026, October 25

United States / International

Gold prices fell below the $4,000-per-ounce threshold as rising energy prices strengthened concerns about inflation and the possibility of tighter monetary policy. Investors were assessing how higher oil prices could influence central-bank decisions, particularly the Federal Reserve’s approach to interest rates.

Markets were also preparing for a busy week of central-bank meetings and major technology-company earnings. Investors faced competing pressures from inflation risks, uncertainty over interest rates and continuing demand for assets that can provide protection during periods of economic instability.