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Comex Gold Settles 2.68% Higher at $4328.00

Comex gold closed sharply higher, gaining 2.68% to $4,328.00 per ounce, marking a second straight advance and a 5.81% rise over the past two sessions. The move suggests renewed bullish momentum in gold after recent weakness, though the contract remains 18.62% below its 52-week high of $5,318.40. The article is primarily a price update, but the strong two-day rebound indicates traders are bidding gold higher and potentially testing near-term resistance levels. Gold’s latest settlement is also the highest since June 8, 2026 and the sixth-lowest settlement of the year, underscoring that the metal is still well below its prior peak despite the bounce.

Category

Gold

Sentiment

Bullish

Event

Price movement

Reading time

1 min