Spot Gold Rebounds to $3,955/oz and Silver Tops $50 Following One-Year Low Washout

Precious Metals Recover Ground After Cross-Asset Margin Washout

Spot gold staged a decisive relief rebound to trade near $3,950–$3,960 per ounce, while spot silver reclaimed the $50 per ounce level, stabilizing after a sharp late-October liquidation wave pushed bullion below the $4,000 threshold to a one-year low.

What Triggered the Selloff—and Today's Rebound

• Margin-Driven Liquidation Cleared: Analysts note that last week's sudden drop below $4,000/oz was amplified by leveraged institutional funds selling liquid gold positions to meet margin calls during the Nasdaq technology and AI equity pullback.
• Yield & Rate Relief: Monday and Tuesday's 7% slide in crude oil prices tempered fears of aggressive central bank monetary tightening, allowing real Treasury yields to ease and attracting physical central bank and bullion desk buying back into gold and silver.