The price of gold futures dropped below $4 thousand per troy ounce

The price of gold futures dropped below $4,000 per troy ounce for the first time since October 10. This was confirmed on October 27 by data from the Investing website.

The price of gold dropped below $4,000 per troy ounce. As of 17:24 Moscow time, the futures price decreased by 3.42%, reaching $3,996.3 per ounce. This was the lowest level since October 10, 2025, when the price of the precious metal was also below $4 thousand.

By 17:38 Moscow time, the price of gold rose to $4006.7 per ounce. At the same time, silver futures also showed a decline. The price of silver decreased by 4.42%, amounting to $46.44 per troy ounce.

Gold on the way out: why the Central Bank is selling precious metals at record prices

The Bank of Russia has become one of the few regulators in the world to get rid of gold in 2025.

Earlier, on October 22, Alexander Schneiderman, head of Alfa-Forex's customer support and sales department, said that the decline in gold prices should be considered not as the beginning of a market reversal, but as a short-term correction after the rapid growth that has continued over the past year. The reasons for the volatility, the expert explains, are primarily related to technical factors: overbought conditions, a significant volume of margin positions of trailers and general nervousness on financial markets.

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