Gold edges up near $3,920 in Asia (2 Nov 2026)
क्या हुआ
Monday morning in the Asia session, COMEX gold futures (December contract) traded slightly higher:
• Friday's close: $3,898.9 (Friday itself saw a big drop of about 3.3%)
• Opened today at $3,890, morning low $3,889 and high $3,923.9
• Around 7:52 AM (IST): $3,920.9, about $22 (0.6%) above Friday's close
• Silver futures also near $50.0, up from Friday's $49.3
Tonight at 8:30 PM (IST) US ISM Manufacturing data is due, and tomorrow brings the RBA decision and US midterm elections.
इसका मतलब
These prices are COMEX futures. Spot gold (XAUUSD) differs from futures by a few dollars because futures include the cost of carry for a future date. So if you see slightly different gold prices on different websites, don't worry—first check whether it's spot or futures.
Pip calculation: in gold, 1 pip = $0.10. Today's morning range ($3,889 to $3,923.9) is about $35, meaning roughly 350 pips. On a 0.01 lot (1 ounce), a $1 move = $1.
Lesson: Liquidity is low during Monday morning Asia session, so judging the whole day from early moves isn't reliable. This is for understanding only, not buy/sell advice.
सिर्फ़ समझ के लिए, prediction नहीं। यह buy/sell सलाह नहीं है, ख़बर पढ़कर सीधे trade न करें।
Source: finance.yahoo.com
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