Gold Hits New 30-Day High, Extending Short-Term Uptrend

Gold rose to a new 30-day high of 4,639.8, up 0.18% from the prior 30-day peak of 4,631.5. The move extends the short-term rebound but leaves the price roughly 21% below the year-to-date high of 5,600.2.

• Price broke above the prior 30-day high, setting a new short-term extreme.
• The advance added 0.18% to the 30-day range, signaling renewed buying pressure.
• Despite the gain, gold remains ~21% beneath the YTD high, indicating limited longer-term follow-through.