Is Gold a Safe Haven? Gold Price Falls 27% From Its Record as Stocks Crash

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Gold fell 3.6 percent on the day US stocks crashed and is now 27 percent below its January record. Our comparison of six crises since 2007 shows when gold protects investors, when it fails and what would make it a safe haven again.Add as a preferred source on GoogleFollow on Google NewsGold is not protecting investors in this crash. While the US stock market had its worst day since June on Friday, 30 October 2026, gold futures fell 3.6 percent to $3,884.90 per ounce, according to daily closes on Yahoo Finance. In October the gold price lost 7.2 percent, its second monthly decline in a row. Since its record close of $5,318.40 on 29 January 2026, gold is down 27 percent. Our analysis of six market crises since 2007 shows that this is not unusual: in the acute phase of a crash, gold often falls together with stocks. It only proved its value as a safe haven later, when central banks started to cut rates. Gold price in the crisis: the key facts Friday, 30 October: gold futures −3.6 %...