Gold prices are significantly lower on Monday morning. Global markets are experiencing an intensified downturn this morning, driven by mounting fears of a potential recession in the United States and disappointing earnings reports from major technology companies like Intel and Amazon. The price of gold is trading at $2,385.56, down $57.68. The price of silver is trading at $27.01, down $1.55. The Dow Jones Industrial Average has fallen by more than 1100 points, Nasdaq futures have slid over 6%, and the S&P 500 has dropped by more than 4%. This widespread sell-off is not limited to the U.S.; European and Asian markets are also seeing substantial declines, with Japan’s Nikkei 225 experiencing its worst day since 1987, dropping 12.4%. Amid this turmoil, gold has retained its appeal as a safe-haven asset, although spot prices have seen some volatility. As of this morning, the spot price of gold is down 2.43%, as everything is selling off for access to liquidity.