Weekly market structure Final
Gold this week: 2–8 November 2026
Gold rose 4.0 % over the week, from 3,901.78 to 4,056.93, in a 6.5 % range: wider than 72 % of all weeks since October 2025. Spot gold trades from Sunday evening to Friday evening (New York time); the gold perpetual also trades at the weekend.
The week on one line
Day by day
| Day | Close | Change | Range | What stood out |
|---|---|---|---|---|
| Mon 2 | 3,950.65 | +1.25 % | 2.0 % | The week's low, 3,893.99; a 309 oz bid wall at 3,902.25 was pulled in Asia |
| Tue 3 | 3,942.58 | −0.21 % | 1.9 % | A 352 oz ask wall at 3,959.16 was pulled in Asia |
| Wed 4 | 4,066.32 | +3.17 % | 3.8 % | A 774 oz bid wall at 4,038.31 was pulled in London |
| Thu 5 | 4,087.35 | +0.52 % | 2.1 % | The week's high, 4,146.96, came here; a 261 oz ask wall at 4,115.76 was pulled in New York |
| Fri 6 | 4,074.68 | −0.30 % | 2.2 % | A 284 oz bid wall at 4,056.70 was pulled in New York |
| Sat 7 | 4,072.01 | −0.06 % | 0.3 % | Spot gold closed (weekend); the perpetual traded 5,369 oz; a 209 oz ask wall at 4,083.58 was pulled in Asia |
| Sun 8 | 4,056.93 | −0.37 % | 0.9 % | Spot reopened at 6:00 PM ET (23:00 UTC); a 217 oz ask wall at 4,074.60 was pulled in London |
Sessions
Asia moved the most, with an average range of 1.75 %, against 1.43 % in New York and 0.72 % in London. Sessions while spot gold was closed are left out.
Asia saw the most walls eaten (0), New York the most pulled (5).
Liquidity walls
Across the three sessions, 0 walls were eaten, 16 were pulled before price reached them and 1 held. The largest: a 774 oz bid wall at 4,038.31, pulled on Wednesday; a 352 oz ask wall at 3,959.16, pulled on Tuesday.
Macro this week
The 10-year real yield (FRED DFII10) went from 2.60 % on Fri 30 Oct to 2.63 % on Fri 6 Nov. The broad dollar index (Federal Reserve, DTWEXBGS) went from 121.67 to 121.88. In the CFTC report for Tue 3 Nov, managed money held a net long of 103,614 COMEX gold contracts, 1,948 fewer than a week earlier.
Week ahead
What is scheduled for the coming week (Monday to Sunday, UTC, plus the Sunday-evening reopen of spot gold just before it), from the FRED release calendar, the Federal Reserve's FOMC calendar, the CFTC's usual COT release time and the CME and UK holiday calendars. It is not a forecast.
Scheduled
- Sun 8 Nov, 6:00 PM ET (23:00 UTC): Spot gold reopens for the week (18:00 New York).
- Tue 10 Nov, 8:30 AM ET (13:30 UTC): US CPI (inflation).
- Fri 13 Nov, 8:30 AM ET (13:30 UTC): US PPI (producer prices).
- Fri 13 Nov, 3:30 PM ET (20:30 UTC): CFTC Commitments of Traders, positions as of Tuesday (usual release time).
What history shows
Since October 2025 the median weekly range has been 5.4 %, and the middle half of weeks moved between 3.7 % and 6.9 % from high to low. Past behavior, not a prediction.
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