Gold prices today (November 3): Recovering from the 'bottom' - Vietnam.vn

AI desk brief

Gold rebounded 0.43% to $3,902/oz after last week’s sharp drop, with the move helped by a weaker US dollar and a pullback in selling pressure. The article says the market is still digesting the Fed’s hawkish stance and stronger US data, while traders weigh whether the recent decline is a buying opportunity or the start of a broader consolidation.

Attention this week is on US payrolls, PMI prints, JOLTS, ADP, and weekly claims, alongside the Bank of England decision. In Vietnam, SJC gold bars jumped 700,000-1,000,000 VND per tael and have returned to around 140 million VND/tael on the sell side.