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The David Lin Report · Monday, August 10, 2026

Gold Surges 10% in a Week Amidst Market Rebound

Gold experienced a significant and rapid surge of 10% in early August, moving from $4000 to $4400 in just a week, which Kevin Steuer described as "very abnormal." This sharp increase is part of a broader market rebound that has seen stocks like the S&P and Nasdaq reach new all-time highs.

personKevin Steuer

The tape

3 quotes
Gold has rebounded dramatically since the beginning of August, rising from 4000 to 4400.
David Lin
That's a 10% move in just a span of days.
David Lin
This is very abnormal.
David Lin
Heard on The David Lin Report — “Markets Surge: Where's The Top? Trader On Next Levels For Stocks, Gold | Kevin Steuer, published Monday, August 10, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
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Gold Surges 10% in a Week Amidst Market Rebound — Heardvine