Spot gold prices jumped more than $50 on November 5, surpassing $3,980 per ounce and marking a strong daily performance in the precious metals market.
On November 5, spot gold rose over $50 intraday to exceed $3,980 per ounce, registering a daily gain of more than 1%. This sharp increase follows the previous day's decline below $3,930 per ounce, highlighting heightened volatility in the gold market.