{
  "id": 17910251,
  "title": "Gold Jumps 1.9% as Nasdaq Falls 1.1% | Global Economy, Nov 3",
  "url": "https://urgent.news/2026/11/03/gold-jumps-1-9-as-nasdaq-falls-1-1-global-economy-nov-3",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-03T04:17:49.000Z",
  "source": {
    "name": "The Rio Times",
    "slug": "the-rio-times",
    "url": "https://www.riotimesonline.com/global-economy-briefing-november-3-2026/"
  },
  "original_language": "en",
  "account": "Wall Street experienced a split on November 3, with the Dow Jones Industrial Average rising while the Nasdaq Composite fell. The VIX, a gauge of investor fear, spiked 8.91% to 21.15, indicating unease without panic. The S&P 500 dropped 0.51% to 7,541 and the Nasdaq 1.07% to 25,164. Oil prices were a contributing factor, with the US Oil Fund falling 7.1% to US$156.87. Gold, however, saw a significant gain of 1.87% to US$3,948/oz, as investors turned to the metal for safety. Lower Treasury yields and a weaker dollar made holding gold more attractive, as it does not pay interest. The US 10-year Treasury yield fell to 4.909% and the dollar index eased to 101.805. Despite the gains, gold is still 28% below its late-January peak near US$5,500, indicating a rebound rather than a new trend. The 10-year yield and the dollar index are close to 5%, which could weigh on expensive technology shares. The upcoming data releases on Wednesday include ADP private payrolls and the ISM services prices gauge. A move above 5% in the 10-year yield would test the relief from the recent drop. The Federal Reserve's decision on the Selic rate will also be crucial, with forecasts ranging from a quarter-point cut to 13.50%. In Latin America, Brazil's manufacturing PMI came in at 52, while Mexico's was expected to be 50.1. Peru's inflation for October was slightly above forecasts at 0.57%, indicating uneven price pressures across the region.",
  "summary": "Overnight global markets briefing: gold jumps 1.9%, the Nasdaq falls 1.1%, the VIX rises and Brazil awaits Wednesday's Copom decision. The post Gold Jumps 1.9% as Nasdaq Falls 1.1% | Global Economy, Nov 3 appeared first on The Rio Times .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}