Today's gold price update (November 10th) suggests it may not have bottomed out yet, but the market still has long-term support factors. At what price range should you buy? - Vietnam.vn

AI desk brief

• Gold was quoted at $4,094.8–$4,096.8/oz on November 9, 2026, up $24.7. The report attributes gains to softer oil and the dollar; stronger inflation data could instead support the dollar and tighter Fed policy.
• Bannockburn’s Marc Chandler says a break below $3,975 would reinforce doubts that gold has bottomed, exposing $3,935. CPM Group’s November 5–20 bullish scenario targets $4,275 with a $3,970 stop-loss, rather than an unconditional forecast.
• The World Bank projects annual-average gold prices of $4,600 in 2026, $4,250 in 2027 and $4,000 in 2028; silver forecasts are $70, $62 and $58. It expects geopolitical instability and diversification demand to keep both above historical averages despite projected declines, following pressure from higher bond yields, tighter-policy expectations and dollar strength.