November 2, 2026
Article from Yahoo Finance by Fiona Craig
Article Synopsis
Gold prices rebounded above $3,900 per ounce as investors bought the dip following the metal’s worst monthly performance since 2008. A weaker U.S. dollar supported the recovery, while geopolitical tensions and volatility in technology stocks continued to influence market sentiment. However, ANZ analysts warn that elevated bond yields could limit further gains, with gold potentially consolidating around $4,000 per ounce before a sustained recovery.
