On October 20, gold plunged, falling below $4,140; international oil prices also slipped!

Precious metals opened sharply lower: Spot gold fell below $4,140 per ounce, while silver also edged down.

International oil prices slipped: Both New York and Brent crude futures closed lower. Meanwhile, the U.S. Strategic Petroleum Reserve has just 282.7 million barrels left, its lowest level since 1982.

Tensions in the Middle East have risen again: Iran warned that the possibility of war cannot be ruled out. It has seven undersea cables in the Strait of Hormuz under its control, and any action could disrupt global internet and energy supplies.#XAU $XAU