Bengaluru, 11 November 2026 – Spot gold rose 0.6% to USD4,055.00 per troy ounce by 11:22 GMT on 11 November, after falling to USD4,013.29 in the previous session. The rebound recovered only part of Tuesday’s sell-off. December United States gold futures rose 0.8% to USD4,063.20 an ounce at the same market snapshot, as traders continued to weigh what stronger-than-expected US inflation could mean for the Federal Reserve’s next decisions.
The move matters to Asian investors because the international gold price is quoted in dollars, while the value of a local holding also depends on the exchange rate. A gain in dollar terms can translate into a larger local-currency gain if the local currency weakens, or a smaller gain if it strengthens. Wednesday’s figures were intraday observations and do not establish that the decline had ended.
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