Gold Price Today: Spot gold was last up 0.4% at $3,998.65 per ounce, hovering near the $4,000-mark. (Image: Unsplash) Show Quick Read Summary is AI Generated. Newsroom Reviewed
Gold Price Today: Gold prices rose on Thursday, Nov. 6, hovering just near $4,000-per ounce mark, buoyed by a weaker US dollar and a resurgence of safe-haven demand on concerns over a prolonged US government shutdown and uncertainty over the legality of tariff rates among nations.
The US dollar fell 0.3% on Thursday after hitting a four-month high in the previous session, making the yellow metal cheaper for other currency holders. Benchmark US 10-year Treasury yields were also last down 1.3%.
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