Gold’s Frenzied Rally Ends with Largest Sell-Off in Over a Decade
10/22/2025 12:40:00 PM
Gold prices gained modestly on Wednesday after the precious metal’s spectacular rally came to an abrupt halt on Tuesday, when prices tumbled more than 5%.
The drop in the price of gold, which is viewed as a safe-haven asset in times of uncertainty, came as investors took profits from a record-breaking rally and as American and Chinese officials are expected to meet again for another round of trade talks.
Gold was last trading at $4,141.48 per troy ounce at 1:46 am ET on Wednesday, up less than 0.4%.
The drop in the price of gold, which is viewed as a safe-haven asset in times of uncertainty, came as investors took profits from a record-breaking rally and as American and Chinese officials are expected to meet again for another round of trade talks.
Gold was last trading at $4,141.48 per troy ounce at 1:46 am ET on Wednesday, up less than 0.4%.