News · VnExpress

World gold prices post biggest gain in 3 months

Spot gold rose USD 129 to USD 4,059 an ounce at the November 4 close, its biggest gain since mid-August, after Democrats took control of both chambers of Congress in the U.S. midterm elections. On November 5 prices extended gains to USD 4,066, as the dollar hit a one-month low while investors weighed the possibility of Democrats pushing tighter control over the AI sector, which could slow economic growth. CME's FedWatch tool showed markets pricing an 83% chance of a Fed rate hike in December, while Brent crude above USD 100 kept inflation concerns alive. Silver rose 4.9%, platinum 5.6% and palladium 7.5% in the November 4 session.

Summary written by Upside AI from the original article. Read the source for full details.

Original headline: Giá vàng thế giới tăng mạnh nhất 3 tháng

Read the original on VnExpress ↗

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goldFedUS dollarinflationoil prices

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MarketGold
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Close on 11/04/20264,050.62
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DXY

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MarketCurrencies
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