Gold rose sharply on Monday, November 10, 2025, soaring back above the $4,100 mark in the global commodities market.<\/p>\n\n\n\n
The yellow metal, which gained 2.88% on the day, extended its momentum to Tuesday, trading around $4,130 per ounce ahead of London\u2019s pre-market opening on November 11.<\/p>\n\n\n\n
This surge has lifted gold\u2019s month-to-date performance to over 3%, marking a solid comeback after a late-October pullback.<\/p>\n\n\n\n
The metal had earlier retreated from an all-time daily high of $4,355 per ounce to below $4,000, nearly breaching the $3,900 level on October 29.<\/p>\n\n\n\n
Analysts described the decline as a healthy correction following gold\u2019s over 50% year-to-date rally, which had pushed prices into overbought territory.<\/p>\n\n\n\n
Investors appear to have capitalized on that dip, with renewed buying momentum suggesting demand for safe-haven assets amid mounting uncertainty surrounding U.S. trade tariffs and the broader global economy.<\/p>\n\n\n\n
Gold\u2019s recent rebound has been fueled by renewed safe-haven demand amid rising uncertainty over U.S. trade policies and the broader economy, according to analysts at ANZ Bank.<\/p>\n\n\n\n
They explained that the U.S. Supreme Court recently questioned the Trump administration\u2019s use of an emergency law to enforce its tariff plan, a move that could be ruled unconstitutional.<\/p>\n\n\n\n
In response, President Trump warned on Monday evening that overturning his tariffs could cost the government more than $2 trillion in refunded duties.<\/p>\n\n\n\n
\u201cThe markets are likely to face months of uncertainty, with no ruling expected before the end of the year,<\/em>\u201d ANZ analysts wrote.<\/p>\n\n\n\n On the economic front, investors also remained cautious as the ongoing U.S. government shutdown delayed several key data releases.<\/p>\n\n\n\n Nicky Shiels, head of research at MKS Pamp SA, noted that the Federal Reserve might inject more liquidity into the system to ease the impact of the shutdown.<\/p>\n\n\n\n She pointed out that New York Fed President John Williams had hinted at a possible balance sheet expansion to support liquidity.<\/p>\n\n\n\n \u201cGold and silver like the prospect of more money being pumped into the system or higher asset prices,\u201d<\/em> Shiels said.<\/p>\n\n\n\n Gold has stayed strong in its uptrend, now up more than 57% year-to-date as of the London session open on November 11.<\/p>\n\n\n\n In September, analysts at UBS projected as much as a 150% upside in gold-related valuations, with the yellow metal expected to reach US$4,500 per ounce by 2026.<\/p>\n\n\n\n The forecast builds on UBS\u2019s earlier December 2024 projection of US$3,900 per ounce, which materialized in early October 2025. Details of the outlook were outlined in the bank\u2019s research note titled \u201cIn Gold We Trust.\u201d<\/p>\n\n\n\n In that report, UBS analysts said U.S. inflation is likely to remain sticky, while ongoing geopolitical tensions and internal divisions within the Federal Reserve could continue to weigh on the dollar.<\/p>\n\n\n\n They added that such conditions are likely to keep investors drawn to safe-haven assets like gold and silver, given their historically negative correlation with the U.S. dollar.<\/p>\n\n\n\n Source:<\/em> https:\/\/nairametrics.com\/2025\/11\/11\/gold-regains-shine-rebounds-above-4100-as-trade-uncertainty-looms<\/em><\/p>\n\n\n\n <\/p>\n","protected":false},"excerpt":{"rendered":" Gold regains shine, rebounds above $4,100 as trade uncertainty looms Gold rose sharply on Monday, November 10, 2025, soaring back above the $4,100 mark in the global commodities market. The yellow metal, which gained 2.88% on the day, extended its momentum to Tuesday, trading around $4,130 per ounce ahead of London\u2019s pre-market opening on November… <\/p>\nForecast <\/strong><\/h4>\n\n\n\n