Gold sinks to one-year low, silver slips below $50 on inflation concerns, tech selloff — Live Feedhttps://www.live-feeds.com/feed/gold-sinks-to-one-year-low-silver-slips-below-50-on-inflation-concerns-tech-selloffContinuously updated, source-cited coverage. Gold Sinks to One-Year Low, Silver Slips Below $50https://www.live-feeds.com/feed/gold-sinks-to-one-year-low-silver-slips-below-50-on-inflation-concerns-tech-selloffhttps://www.live-feeds.com/feed/gold-sinks-to-one-year-low-silver-slips-below-50-on-inflation-concerns-tech-selloff#u177003Thu, 05 Nov 2026 08:23:02 +0000Precious metals suffered sharp losses as front-month Comex gold fell 3.3% to $3,885.70 an ounce on Friday, marking its lowest settlement since October 3, 2025. Silver dropped 5.9% to close at $49.097, sliding below the $50-an-ounce mark for the first time since last November. The broad selloff drove the SPDR Gold ETF to a 52-week low and SLV to an 11-month low. Sticky inflation data, a tech stock rout, and strong U.S. GDP figures fueled investor expectations of a potential interest rate hike or a prolonged higher-rate environment by the U.S. Federal Reserve.Why it mattersThe sharp decline in p