Spot Gold Falls Below $4,000 per Ounce for First Time Since October

The evidence provided by the primary sources strongly and consistently supports the statement. Multiple high-authority sources confirm that the price of gold did surpass $4,000 per ounce in October 2025. A CNBC report notes it happened for the first time on October 7, and other data sources from Trading Economics and Investing News confirm that gold reached an all-time high well above $4,000 during that month (peaking over $4,300).Crucially, a highly relevant Bloomberg article dated October 26, 2025, directly reports the event in question, stating that "spot gold fell below $4,000 an ounce." This provides direct evidence for the core claim of the statement.The timeline is also consistent. A Bloomberg report from September 30 indicates gold was rallying to exceed the $4,000 mark at the end of September. Data from USAGOLD shows the price was still above $4,100 on October 24. This confirms the price remained above the $4,000 threshold for a significant period before the drop reported on October 26, making the event the "first time" it had fallen below that level since the rally began.There are no contradictions among the factual sources. The predictive reports from JP Morgan and Goldman Sachs are irrelevant as they are market forecasts, not reports of actual price movements. The combination of direct reporting, corroborating data points, and a consistent timeline from multiple credible financial sources makes the statement highly likely to be true.