Gold Falls Below $4,000 as Stock Market Sell-Off Deepens

Gold slipped below $4,000 an ounce in early trading on Friday as investors sold the precious metal amid a deepening sell-off in equity markets.

The decline pushed gold to its lowest level in more than three months, extending the pressure on bullion as selling spread across markets.

Investors were unloading gold even as stocks came under strain, rather than turning to the metal for shelter from the equity market downturn.

The move below $4,000 marked a notable threshold in Friday’s early trading, with gold caught up in the broader wave of selling.