Spot gold at $4,098.35, falling below the $4,100 mark

Spot gold traded at $4,098.35 per ounce, slipping below the $4,100 threshold even as it posted a 0.94% intraday gain, PANews reported. The observation time was not specified, so the $4,098.35 level should not be treated as a closing price; the sub-$4,100 figure reflects the price at the time of observation while the 0.94% gain reflects the change versus an intraday reference point. The move follows a prior dip below $4,050 during the October 28 European session. The breach of the $4,100 line matters as a psychological threshold for bullion traders. Next, watch whether spot gold holds above or below $4,100 and whether the intraday advance extends or reverses.