Alamos Gold is trading 4.6% down at $30.25 as gold fell more than 1% and reached a multi-week low on October 22, 2026. - Higher oil prices amid renewed Strait of Hormuz shipping tensions heightened inflation concerns, weighing on gold and creating a headwind for gold producers. - The broader market is also lower, adding risk-off pressure. No company-specific announcement explaining the decline was identified.