Gold hits $2000 for the first time ever

Spot gold continued to rise and surpassed the historic level of $2,000. Gold rally could continue especially if there is another round of QE from the US Federal Reserve and other major central banks. During today's session, gold rose 1% and silver is appreciating almost 5%. However, we are currently observing a correction move, sellers appeared at the local retracement level of 161.8% Fibo. In the event of further declines, the nearest support is located at $ 1988.8 - which is the lower limit of the 1: 1 structure.

GOLD M15 interval. Source: xStation5

4 November 2026, 5:14 PM

🛢️Oil suffers sharpest fall since April (-9%)

4 November 2026, 3:50 PM

BREAKING: US oil inventories fall less than expected, but prices drop due to elections and hopes for a US-Iran deal

4 November 2026, 11:05 AM

BREAKING: Democrats take both chambers of Congress🗽

4 November 2026, 10:35 AM

Wheat hits its lowest level since early July 🚩 Russia resumes exports. What are funds doing after the massive sell-off?

Commodities

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