Gold slips to a 4-month low as inflation raises fears of a Fed interest rate hike

What happened: Gold slipped to a four month low as inflation raised fears of a Fed interest rate hike. Silver fell below $50 an ounce for the first time since November 2025. Key numbers: Gold down 4.7% in October. Silver below $50 an ounce, first time since November 2025. Why it matters: Inflation concerns are driving expectations of a Fed rate hike, and both metals moved lower, with silver breaking a level it had held since November 2025. Coverage: 3 outlets in 24h

Gold slipped to a four month low as inflation raised fears of a Fed interest rate hike. Silver fell below $50 an ounce for the first time since November 2025.

Inflation concerns are driving expectations of a Fed rate hike, and both metals moved lower, with silver breaking a level it had held since November 2025.