# Gold struggles to extend rebound above $3,900 as Fed risks loom

> Gold rebounded on Monday to just below $3,900 after a two-day losing streak, though it remained near its lowest level since October 2025. Optimism over Iran-Qatar talks to end the US-Israeli war on Iran weighed on the US dollar and supported gold, while expectations of further Fed rate hikes capped gains.

- Date: 2026-11-02 · published 2026-11-02T06:13:19.708Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/74981-gold-struggles-to-extend-rebound-above-3-900-as-fed-risks-loom
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Gold's moves in this environment track oil-driven Fed hike expectations, and a firmer dollar or higher rates reduce the appeal of non-yielding metals. For feed buyers the link is indirect, but a stronger dollar and tighter policy can weigh on commodity prices broadly.

## Sources

- fxstreet.com: https://www.fxstreet.com/news/gold-struggles-to-build-on-recovery-from-ytd-low-beyond-3-900-as-fed-hike-bets-cap-gains-202611020514

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.