Comex Gold Surges Nearly 2% to $4,749.50 as Silver Jumps 4.7%
Comex gold futures for April delivery surged by 1.98%, settling at $4,749.50 per troy ounce, marking a gain of $92.40. This represents the largest single-day dollar and percentage increase since April 1, 2026. The rally extends gold's winning streak to three consecutive sessions. Simultaneously, silver prices rose sharply by 4.7%, breaking a three-session losing streak. The market movement was driven by weakness in the U.S. dollar and lower Treasury yields, which typically boost demand for precious metals. The data reflects significant volatility and investor interest in commodities amid shifting macroeconomic conditions.
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Comex Gold Surges Nearly 2% to $4,749.50 as Silver Jumps 4.7%
Comex gold futures for April delivery surged by 1.98%, settling at $4,749.50 per troy ounce, marking a gain of $92.40. This represents the largest single-day dollar and percentage increase since April 1, 2026. The rally extends gold's winning streak to three consecutive sessions. Simultaneously, silver prices rose sharply by 4.7%, breaking a three-session losing streak. The market movement was driven by weakness in the U.S. dollar and lower Treasury yields, which typically boost demand for precious metals. The data reflects significant volatility and investor interest in commodities amid shifting macroeconomic conditions.
WSJ.com: Markets