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Gold Prices Plummet Below $4,000 Amid Trade Agreement

10/29/2025

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Story summary
  • Gold prices have fallen below $4,000 after previously trading near $4,300, marking a price correction.
  • The decline follows a U.S.-China trade agreement that reduces demand for gold as a safe-haven.
  • Analysts foresee further declines, with key support levels at $3,846 and $3,750.
  • Despite the pullback, experts maintain a positive long-term outlook, and Q3 earnings could reactivate buybacks and support gold equities.