Gold prices rebounded sharply this week, climbing above the $4,100 mark as investors sought safety amid growing global trade and economic uncertainty.
The yellow metal gained 2.88% on Monday, November 10, 2025, and extended its rally to Tuesday’s pre-market trading in London, hovering around $4,130 per ounce.
The News Chronicle learned that the latest price surge comes after gold briefly dipped below $4,000 in late October, following a correction from its record high of $4,355 per ounce.
Market analysts described the earlier pullback as a healthy adjustment after a year-to-date rally of more than 50%, which had temporarily pushed the commodity into overbought territory.
According to experts at ANZ Bank, gold’s renewed strength is being driven by heightened investor demand for safe-haven assets as uncertainty deepens over U.S. trade policy.
The U.S. Supreme Court recently questioned the legality of President Donald Trump’s emergency powers used to impose tariffs, raising concerns about a possible constitutional challenge.
In reaction, Trump warned that overturning the tariffs could cost the government up to $2 trillion in refunded duties.
Analysts claim the market volatility may last for months, especially as the U.S. government shutdown postpones significant economic data releases. It was pointed out that the Federal Reserve could inject further liquidity to soften the economy, adding that such actions typically help precious metals.
Gold is still among the best-performing assets of the year, up almost 57% year-to-date. Supported by sustained geopolitical risks, ongoing inflation, and a weaker U.S. dollar, UBS analysts predict gold could reach $4,500 per ounce by 2026, keeping a hopeful outlook.
Gold’s most recent surge highlights its ongoing attraction as a hedge against worldwide financial instability as investors prepare for more policy and market volatility.
