Gold did not surrender; American debt "wins" an ounce to return to the price peak? | Why did gold sell off at the same time as tech stocks fell? According to Kitco News, the global gold market has been caught in recent months between two opposing forces; On the one hand, inflation and economic uncertainties strengthen the demand for safe assets, and on the other hand, monetary policy of central banks and developments in the financial markets can change the price path of this precious metal. After recording its worst monthly performance since the beginning of this year and the sharpest October price decline since 2008, the gold market still managed to maintain its support above the level of $3,900 per ounce. The sharp correction in the share prices of the technology companies last week, after the publication of disappointing financial reports, may have forced some investors to liquidate some of their gold holdings to compensate for losses in the stock market and respond to calls for margins. The details of the report are the Instagram site.