Gold prices surged to their highest level in nearly seven weeks on Wednesday, driven by lower Treasury yields. The precious metal rose 4.4% to $4,265.85 per ounce at 1650 GMT, breaking above the 50-day moving average and reaching a high of $4,258.99.
This marks the largest single-day gain for gold since February. US gold futures for December delivery also saw a 4% increase to $4,317.40 per ounce.
More on Commodities
Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.
Real-time market sentiment intelligence for apps, funds & agents
Location
729 55 Ave SW
Calgary AB T2V 0G4
Canada
© 2026 Guavy Inc
