Gold prices fell to a minimum in almost three months

Gold is getting cheaper amid rising energy prices

Анастасия Журавлёва

Published Oct 22, 2026

Gold prices fell to a minimum in almost three months

December gold futures on the COMEX exchange on Thursday, October 22, fell by 1.64% and at a minimum reached $ 4,082.35 per ounce. This is the lowest gold price in two and a half months since August 3, 2026.

By 11:40 GMT, the fall slowed to 1.07%, quotes were at $4105.6 per ounce.

Trading Economic noted that gold is getting cheaper amid renewed tensions in the Middle East, which led to higher oil prices and increased fears about inflation.

Zaye Capital Markets said the closest support level for gold is around $4,073, while $4,135 is an important resistance level.

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Source: РБК ↗

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Gold prices fell to a minimum in almost three months

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