FTSE slides 3% on worst day in 18 months as gold tumbles

Anna Fedorova
clock

The FTSE 100 has slumped 3%, gold has dropped 5% and gilt yields have spiked to their highest level in over a year as the prospect of an end to US QE rattles markets.

To continue reading this article...

Join Investment Week today

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Economics

IMF revises global growth downwards and inflation upwards amid Iran shock

IMF revises global growth downwards and inflation upwards amid Iran shock

Latest World Economic Outlook

clock 08 July 2026 • 2 min read
OBR warns public finances moving onto 'unsustainable path'

OBR warns public finances moving onto 'unsustainable path'

Pensions could cost 9% of GDP

Alex Sebastian
clock 07 July 2026 • 2 min read
BoE's Catherine Mann: Rate hike could be needed to retain 'credibility'

BoE's Catherine Mann: Rate hike could be needed to retain 'credibility'

Speech at Natixis CIB Private Debt Forum

clock 03 July 2026 • 2 min read
Trustpilot