Gold price today rebounds above $5,000 as bullion extends comeback after historic rout
Spot gold jumped 2% to $5,038.99 an ounce Wednesday, rebounding after a sharp 4.8% plunge earlier in the week. U.S. gold futures for April rose 2.6% to $5,061.90. Precious-metals ETFs attracted $4.39 billion in January, while gold miner ETFs saw their biggest inflows since at least 2009. Canada’s S&P/TSX Composite Index gained 0.5%, lifted by mining stocks as gold prices recovered.