{
  "id": 16179434,
  "title": "What is causing the collapse of gold",
  "url": "https://urgent.news/2026/10/23/que-esta-provocando-el-desplome-del-oro",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-23T11:35:46.000Z",
  "source": {
    "name": "Expansion ES",
    "slug": "expansion-es",
    "url": "https://www.expansion.com/mercados/2026/10/23/6adb41d9e5fdea8e478b457c.html"
  },
  "original_language": "es",
  "account": "Gold prices have fallen to a three-month low, below $4,000 per ounce, despite the current risk-averse market sentiment. The precious metal has declined by 14% in the past two months, from over $4,650 per ounce in late August. Analysts cite the rise in oil prices and concerns about China's economy as key factors contributing to the drop. The price of oil has surged 26% in the same period, which could lead to higher interest rates and reduced demand for gold. Julius Baer suggests that Chinese investors may be selling gold to raise cash due to capital controls imposed by the Chinese government.",
  "summary": "The current context of greater risk aversion in the markets is conducive to gold. But far from taking advantage of the search for a safe haven, the precious metal is deflating to July lows. Read",
  "key_points": [
    "Gold price fell below $4,000 per ounce, lowest in July",
    "Portfolio rotations accelerated, defensive assets favored except gold",
    "Analysts point to China and oil as key factors behind plunge"
  ],
  "editors_take": "The decoupling of gold from its traditional role as a safe haven signals a shift where rising oil prices and Chinese liquidity needs override its usual status as a defensive asset.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}