Comex gold futures climbed to an intraday high of $4,111 per troy ounce, marking a second consecutive session of gains for the precious metal.
The rebound came as the US dollar softened, providing a temporary reprieve for bullion after a period of sustained selling pressure.
Silver also advanced, reaching $59.53, extending its own two-day recovery streak.
The price action represents a technical bounce rather than a fundamental reversal.
Despite the daily gains, both gold and silver remain on track for significant weekly losses.
The recent rally is being driven primarily by currency dynamics, with a weaker dollar reducing the cost of dollar-denominated assets for foreign buyers, rather than a shift in macroeconomic fundamentals.