31 Oct 2025 | 3 Mins Read

Gold rises on bargain hunt ahead of monthly gain

Flipitmoney

Spot gold rose 0.3% to $4,034 per ounce, its third straight monthly gain, driven by bargain hunting and a Federal Reserve rate cut. U.S. gold futures slipped 1.1% to $3,955 per ounce. Global gold demand rose 3% to 1,313 metric tons in Q3, the highest quarterly number on record, driven by soaring investment demand.