Spot Gold Breaks Above $4,000 an Ounce, Rising 1.78% on Nov. 4

Spot gold moved above $4,000 an ounce on Nov. 4, crossing a major price threshold in a macro asset watched by crypto traders tracking broader markets.

The metal stood at $4,000.21 an ounce, up 1.78% on the day. That price was 21 cents above the $4,000 level, putting spot gold just over the round-number threshold in the Nov. 4 figures.

The two figures capture the move in separate ways: $4,000.21 gives the quoted price per ounce, while 1.78% records the daily gain. For US readers following digital assets, the development is a move in gold, a major macro asset that crypto traders watch.

The price level and daily change together show gold crossing the $4,000 mark and standing above it at $4,000.21. The $4,000 threshold was the central level in the move.