The SPDR Gold Trust, the world's largest gold ETF, added 2.85 tonnes of gold holdings in the 4 November session, bringing its total to 1,040.51 tonnes and reversing two sessions of outflows. Still, holdings have fallen by a net 1.14 tonnes since the start of November compared with the end of October. In US trading on 4 November, gold rose 3.4% to $4,061 per ounce, its biggest gain since mid-August 2026 and a return above $4,000, after a sharp October sell-off that at one point pushed prices to their lowest level in about a year. The article attributes the rebound partly to the 3 November US midterm elections, which investors see as likely to limit fiscal stimulus; the dollar weakened and 10-year Treasury yields fell to around 4.89%, the lowest in nearly two months. Oil prices fell sharply after the vote, easing energy-driven inflation concerns and prompting markets to reassess whether the Federal Reserve (Fed) will raise interest rates again in the coming months.
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Original headline: Một gã khổng lồ vung tiền mua vàng khi giá tăng mạnh nhất 3 tháng
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