Gold Blasts Above $4,100; Silver Sizzles on Fed-Cut Hopes
Key Facts: Gold traded around $4,118/oz on Oct. 24, 2025, near its all-time highpricegold.net. Silver was about $48.7/oz at the same timebullion-rates.com. Both metals plunged sharply earlier this week – on Oct. 21 gold dropped ~6.3% to ~$4,082 and silver fell ~8.7% to ~$47.89, marking their largest one-day losses since 2013 and 2021 respectivelybusinesstoday.in. Investors now brace for a Federal Reserve rate cut (widely expected in early November) even as central banks around the world continue buying goldmarkets.financialcontent.commarkets.financialcontent.com. Gold mining and precious-metal ETFs have outperformed stocks – e.g. the VanEck Gold Miners ETF (GDX) is up ~123% year-to-dateonedayadvisor.com – suggesting