Gold Regains Strength After Sudden Pullback

After a sharp sell-off earlier this week, gold has regained its footing. On Thursday, futures surged 2.4% (up $97) to reach $4,162 per ounce, signaling a return of market confidence following one of the metal’s steepest one-day drops in more than five years.

The recovery comes after a wave of profit-taking that briefly interrupted gold’s record-setting rally. Many traders chose to lock in gains, leading to a temporary correction. Yet, the quick rebound highlights how resilient demand remains for the precious metal — especially in times of global uncertainty and lingering inflation concerns.

Spot gold mirrored the movement, rising 1.2% to $4,142 per ounce. The renewed strength underscores gold’s ongoing role as a preferred store of value when traditional markets show signs of strain.

Analysts suggest that while volatility may continue, the broader backdrop — marked by geopolitical risks, shifting interest rate expectations, and inflation worries — still supports gold’s appeal. The recent dip now looks less like a reversal and more like a short-lived pause in an otherwise strong upward trend.

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