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Gold Steadies After Three-Day 6% Rout; Asian Session Pushes Back Above $3,900 - BigGo Finance

BigGo Finance via Google News Tier 3 2026-11-13 03:06 UTC 📖 1 min brief Neutral
Gold

AI desk brief

Spot gold rebounded 0.83% to $3,909.26/oz in early Asian trading on November 13, 2026, after losing 6.35% over three sessions; December COMEX gold rose 0.73% to $3,913.50. December silver fell more than 4% below $50, with the report citing industrial-demand concerns alongside tighter financial conditions. The report attributes gold’s selloff to dollar strength and expectations of further Fed tightening, and cites the Wall Street Journal characterizing the rebound as technical rather than a reversal. It identifies upcoming US PPI as the next catalyst; sustained recovery could depend on dollar weakness and easing inflation or real-rate pressure.

Sources used

  1. S1 BigGo Finance via Google News — Gold Steadies After Three-Day 6% Rout; Asian Session Pushes Back Above $3,900 - BigGo Finance
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