28 Oct 2025 | 3 Mins Read
Gold prices rebound to $4,000 on weak US dollar
Flipitmoney
Gold prices rose 0.7% to $4,009.39 per ounce, rebounding above $4,000 after a 3% drop on Monday due to a weaker dollar and expectations of further Federal Reserve rate cuts. Buyers are taking positions as the dollar index fell 0.1%, making gold less expensive for other currency holders. U.S. gold futures rose 0.1% to $4,022.10 per ounce.