Gold prices reach a three-month low at $4,000

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By Olivia Martinez • Updated Oct 23, 2026 at 07:30

Gold Price Forecast: XAU/USD hits fresh three-month low below $4,000 amid surging energy prices - FXStreet — Gold prices reach a three-month low at $4,000

Gold prices have dropped to a three-month low, dropping to under $4,000. The fall is caused by rising fuel prices and concerns over AI volatility. Chinese jewelry prices have also decreased, aligning with the gold prices. The drop in gold prices is a current trend, with the XAU/USD dropping to a three-month low dropping below $4,000. This situation is affected by surging energy prices and ongoing market turbulence in the AI sector.

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