Huitong Network, April 3 — Over the week from March 31 to April 3, 2026, the global gold market demonstrated strong internal momentum amid a shortened trading week. The gold price not only recovered from late March losses but also formed a four-day rally on the daily chart, sending a strong short-term trend reversal signal to the market.
During the period from March 31 to April 3, 2026, the global gold market showed a strong internal impulse amid the shortened trading week. Despite the reduction in actual trading days due to Good Friday holiday, both spot gold and gold futures on the New York Mercantile Exchange (COMEX) experienced significant gains. Spot gold rose by 4.02% over the week, marking the largest weekly increase since the end of 2025; NYMEX gold futures showed an even more aggressive dynamic — a weekly increase of 4.74%. The main market development logic this week is confirmed by technical divergence and opposition to fundamental factors. Despite temporary pressure from a strong dollar, ongoing geopolitical risks, and rising long-term inflation expectations among major foreign institutions, the appeal of safe-haven assets quickly increased. The gold price not only recovered from late March losses but also, thanks to a four-day rally on the daily level, clearly signaled a short-term trend reversal.