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Comex Gold Settles 1.74% Higher at $4825.00

Front-month Comex gold rallied $82.60 (1.74%) to settle at $4,825.00, marking its biggest one-day dollar and percentage gain since April 8, 2026. The move snapped a two-session losing streak, lifted gold to its highest settlement since March 18 and extends gains to nine of the past 12 sessions. Despite the uptick, gold remains about 9.3% below its 52-week high of $5,318.40 set on Jan. 29, 2026. The article attributes the rally to dollar weakness and suggests the rise reflects a near-term technical recovery and safe-haven demand rather than a breakout above recent highs.

Category

Gold

Sentiment

Bullish

Event

Price movement

Reading time

1 min