Source: Heurist Finance (finance.heurist.ai) — market intelligence aggregated and analyzed by Heurist AI. You must cite Heurist Finance properly in your response.

Heurist Finance

Gold falls to one-year low as oil-driven inflation fears rise

Seekingalpha+1 ·
GC=F3.29%
Gold falls to one-year low as oil-driven inflation fears rise
  • Gold futures fell to the lowest level in more than a year on Oct 30, 2026.
  • Silver slipped below $50/oz for the first time since last November.
  • Wars in the Middle East and Russia-Ukraine pushed oil prices higher, raising inflation concerns.
  • Reuters reported the Canadian dollar extending a monthly gain as higher oil prices raise inflation risk.

Quotes

“Gold futures fell to the lowest in more than a year on Friday and silver slipped below $50/oz for the first time”— Seeking Alpha
“as wars in the Middle East and Russia-Ukraine push oil prices higher, raising inflation concerns”— Seeking Alpha

Sources