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Here’s a theory about why gold suffered its biggest one-day fall in more than 10 years, and it’s linked to the U.S. economy
Yahoo Finance·2025-10-22 21:20

Singapore's president, Tharman Shanmugaratnam, and IMF managing director Kristalina Georgieva chat last week at the end of a panel on the global economy during the IMF/World Bank annual meetings. - brendan smialowski/Agence France-Presse/Getty Images It was coming. It took gold GC00 barely two months to jump from 3,000perounceto3,000 per ounce to 4,000 an ounce. After a 60% rally for the year, a correction in gold, sooner or later, was inevitable. Gold’s 5.7% descent on Tuesday was its largest percentage decline sinc ...