Gold price today, Wednesday, November 19: Gold rises after stock prices fall

Group 1: Gold Price Movement - Gold futures opened at $4,067.80 per ounce, unchanged from Tuesday's close of $4,066.50, with prices rising above $4,100 in early trading [1] - The one-year gain for gold as of November 14 was 63.4%, while it experienced a decline of 1.2% over the past week and 6.6% over the past month [4][8] Group 2: Market Context - Gold prices strengthened slightly following declines in major stock indexes, with the Nasdaq down 1.2%, the Dow Jones down 1.1%, and the S&P 500 down 0.8% [2] - Concerns regarding high valuations of tech stocks are contributing to market volatility, as tech companies invest billions in AI infrastructure, raising questions about the timing and size of potential returns [2] Group 3: Gold as a Safe Haven - Demand for gold typically increases when stock prices fall, as investors seek protection from potential equity losses, reinforcing gold's reputation as a store of value [3]