Gold Crashes Below $4,000 as Stock Selloff Deepens
📡 Bloomberg Markets · 1 min read ·
Part of composite article AI Spending Panic Wipes $1 Trillion Off Nasdaq as Investors Flee to Bonds View full article →
Gold fell below $4,000 an ounce on Tuesday, hitting its lowest level in more than three months. The drop came as investors sold the metal amid a broad stock market rout.
The selloff spread across markets, with investors offloading gold — traditionally a safe-haven asset — to cover losses elsewhere.