Gold Falls Below $4,000! Where’s the Promised Safe Haven? This Time, Even Gold Can’t Hold Up

Gold has its “breaking point” too!
On October 23, spot gold fell below $4,000 per ounce intraday, briefly dipping below $3,990. Gold, which once seemed as solid as a rock to investors, is now also staging a “cliff dive.”
Here’s the question: Aren’t we supposed to buy gold in turbulent times? Why, when the market gets nervous, does gold fall first?
The reason is not complicated. Rising oil prices have fueled inflation concerns, and the market is reassessing the Fed’s interest-rate path, weighing on gold’s appeal. Meanwhile, volatility in global stock markets has intensified, and some investors have sold gold to raise liquidity. Put simply, gold may be valuable, but when cash is tight in the market, it too can be sold for “emergency funds.”
However, a break below $4,000 does not mean the gold bull market is immediately over. In the short term, the key is whether prices can reclaim and hold above $4,000; over the medium to long term, watch real interest rates, the dollar’s performance, and central-bank demand for gold.
What should investors fear most? Not falling prices, but treating yesterday’s gains as a guarantee of tomorrow’s.
Do you think gold is just taking a temporary “breather,” or is the market really about to turn?
$MU

‌#现货黄金跌破$4000