Gold price snaps back 5% after two-day crash; CME margin shock keeps traders edgy
Spot gold surged 5.2% Tuesday to $4,906.82 an ounce, while U.S. April futures closed up 6.1% at $4,935 after steep losses. The rebound followed forced selling tied to higher margin requirements and a Fed leadership change. Analysts now watch for the delayed U.S. jobs report and physical demand trends. Trump signed a bill to end the government shutdown, but uncertainty over data timing persists.