World spot gold rose $100 to $4,029 an ounce on November 4 as the dollar fell to a one-month low after Democrats won control of Congress. Capital.com analyst Kyle Rodda said the result points to possible conflict between the government and Congress that could curb public spending, which weakens the dollar and US bond yields. Pepperstone's Chris Weston said demand for hedging risk is rising as the Trump administration could become less predictable and tougher. Geopolitically, the US and Iran remain far from a deal to end fighting, and Trump has not ruled out resuming attacks after the US election. Separately, India's gold demand this year is at a six-year low according to the WGC, while silver and palladium rose 4% and platinum rose 2.5%.
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Original headline: Giá vàng thế giới tăng vọt, vượt 4.000 USD
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Related tickers and likely impact
XAU/USD
▲ Likely positiveRelevance: high
| Market | Gold |
|---|---|
| Close on 11/03/2026 | 3,930.22 |
| Change that session | -0.42% |
PAXG/USDT
▲ Likely positivePAX Gold
Relevance: high
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $1.7B |
| Close on 11/03/2026 | 3,946.40 |
| Change that session | -0.16% |
XAUT/USDT
▲ Likely positiveTether Gold
Relevance: high
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $3.1B |
| Close on 11/03/2026 | 3,934.56 |
| Change that session | -0.11% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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