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At the end of October, the price of gold fell by more than 6%, reaching an annual minimum and showing the worst dynamics for this month since 2008, Vadomosti writes. The fall was caused by a sell-off in shares of US technology companies, prompting investors to sell the precious metal to cover losses. On the morning of November 2, prices began to rise: December futures on the Comex exchange rose by 0.4%, to $3,914.5 per ounce.

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At the end of October, the price of gold fell by more than 6%, reaching an annual minimum and showing the worst dynamics for this month since 2008, Vadomosti writes. The fall was caused by a sell-off in shares of US technology companies, prompting investors to sell the precious metal to cover losses. On the morning of November 2, prices began to rise: December futures on the Comex exchange rose by 0.4%, to $3,914.5 per ounce.

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