Gold spot price up 1.24% over two days, reaching $3,946.63 (approximately 5.3 million won)

Gold spot prices rose 1.24% to $3,946.63 per troy ounce on November 2, according to Investing.com's XAU/USD daily data, with an intraday high of $3,970.31. The Korean won conversion of roughly 5.3 million won per ounce was calculated at an applied rate of 1,343.84 won per dollar, though this is a simple calculation rather than a simultaneous observation of gold prices and exchange rates, and does not reflect actual domestic Korean trading prices. As an over-the-counter market, spot gold's aggregated daily figure cannot be considered an official closing price confirmed by a single exchange. The same day, Brent crude futures fell more than 6% to the $104-per-barrel range (roughly 140,000 won), a futures figure rather than a spot oil price. The divergence between rising gold and sharply falling crude futures may signal shifting positioning across commodity markets, with traders watching whether gold's momentum holds and whether energy weakness extends.