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Gold vs Oil Explained: What Moves Gold and Crude Prices — and Why They Split in October
### The split that defines OctoberGold and oil are the two commodities every beginner meets first, and in October 2026 they moved in opposite directions — violently. On Friday, October 30, spot gold fell 3.5% to $3,880.97 per ounce, its lowest level since October 2025 and roughly 30% below its record peak of $5,595 per ounce set in January 2026. Silver fell even harder, down 6.5% to...
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