Published On 23/10/2025
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Last update: 18:53 (Mecca time)
Tweeters’ opinions about the decline in gold prices varied between those who saw it as a buying opportunity and those who saw it as a temporary drop in prices, while others called for caution against speculation amid market fluctuations and price instability.
The sudden decline in gold prices over the past few days has encouraged many to buy it, thinking that it is a safe investment that preserves the value of cash.
But the sudden drop reduced the price of an ounce by 8.3%, or $4,017 instead of $4,381, which was its price just days ago, recording its largest daily decline in 12 years.
This decline comes in contrast to the expectations of investors who expected prices to double, especially after they rose by 60% since the beginning of the year.
According to economists, the decline in gold prices is a “natural technical correction in gold prices” after the exceptional rise in prices.
They attributed the sudden decline to 3 main reasons:
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Investors’ desire to take profits after prices reach peak buying.
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The price of the dollar increased by 0.4%, which reduced demand for gold.
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Optimism about a possible trade agreement between Washington and Beijing, which reduced the demand for gold as a safe haven.
Despite the decline, gold recorded a partial recovery – today, Thursday – with an increase of 2.5% to reach $4,119 per ounce, which increased investors’ confusion between buying and selling.
Encouragement and fear
The episode (10/23/2025) of the “Shabakat” program monitored the interaction of tweeters with the fluctuation of gold prices between sudden rises and falls. Some of them saw that the decline in gold was temporary, and others considered it an opportunity to buy, in addition to warning others against trading amid the current fluctuation.
The activist Al-Anqari considered that the decline in gold is temporary because the reasons supporting the rise in gold, such as the American debt crisis, are still present. He commented:
Just a short break, given that the circumstances that pushed prices to rise have not changed, the most important of which is the concern over addressing America’s very high debt
As for an account called (Mr. Max), he believes that the decline in prices is an opportunity for investors to increase their holdings of gold, so he wrote:
I believe that every correction in gold currently is an opportunity for gold investors to supply their quantities
From the point of view of activist Abdullah, there is no loss in gold as a safe haven unless “it is a quick and short-term investment,” so he commented:
There are no losses in gold as a safe haven unless it is a quick investment and not a long-term investment
On the other hand, activist Muhammad gave advice to traders to avoid speculation in light of the current market fluctuations, saying:
The trader is supposed to stay away from the madness of the current volatility.. I swear, the market will rise or fall again.. no one likes it
Both Bank of America and Société Générale of France raised their expectations for gold prices, as they expected the rise to continue to reach about $5,000 per ounce by 2026, in light of continued fears of inflation and declining confidence in global markets.