Gold rebounds 2 percent from low

Gold prices rose more than 2 percent on Monday, rebounding from a one-year low as falling oil prices eased inflation worries. Investors now await US midterm elections.

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FILE PHOTO: One-ounce gold bullion bars, October 13, 2025. REUTERS/Hollie Adams/File Photo

Gold rose 2.1% to $3,957.19 per ounce on Monday morning, rebounding from a one-year low after a retreat in oil prices eased inflation concerns. The recovery follows a 3.6% drop on Friday that marked the lowest level since October 2025 for the precious metal. United States gold futures for December delivery climbed 1.77% to $3,967.40 per ounce.