Week 45
November 2–8, 2026, in progress
The week in figures
- Master account return
- +4.96%
- Copier estimate, after the fee
- +3.47%
- Estimated fee, on the copier’s capital
- 1.49%
- Trading days
- 4
- Losing days
- 0
- Distance from the high at week end
- At the high
- Best day
- +1.41%
- Worst day
- +0.98%
- Since launch, master account
- +1,891%
- Since launch, copier estimate
- +736%
- Copiers at week end
- 1,000
- Capital copying at week end
- €2.92M
Letter to investors, week 45
Ras Al Khaimah, November 7, 2026
Dear investors,
The week from 2 to 8 November closes with +5.0% on the master account and about +3.5% for you, with no losing days. After the previous week's slump, gold had its best week in more than two months, rebounding about 5% to back above $4,100. Tuesday's midterm elections handed the House to the Democrats, but it was the labour data that moved markets most: October payrolls, up 165,000 on Friday, strengthened the case for a December rate hike and pulled gold back at the end of the week. The account closed four sessions, all positive, between 0.98% and 1.41%.
With gold under pressure again and the Federal Reserve's December meeting approaching, we will keep trading with our usual caution on the most sensitive data days. We wish you a good week.
With kind regards,
Duemar International Duemar International FZ-LLC, Ras Al Khaimah
The week in the markets
Gold's best week in more than two months, about +5%, rebounding above $4,100.
- Tuesday 3 (election day) Solid US jobs data lifts yields and gold slips on the day.
- Midterm elections The Democrats take the House; Trump's approval at 38%, with the cost of living the top issue for voters.
- Wednesday 4 – Thursday 5 Gold climbs back above $4,100 (to about $4,146, its highest since October), with yields falling and jobless claims down to 189,000; heavy selling in tech stocks on Wall Street, and bets on a December Fed hike cool.
- Friday 6 October payrolls rise by 165,000, above expectations, strengthening the case for a December hike; gold sheds about 0.6% towards $4,065 but still closes its best week in more than two months (+4.9%).
- Goldman Sachs lowers its end-2026 gold forecast to $4,150 (from $4,650).
Sources
- Kitco 03/11 kitco.com
- Kitco 05/11 kitco.com
- Kitco 05/11 claims kitco.com
- Kitco 06/11 kitco.com
- Kitco 06/11 week kitco.com
- CBS News 03/11 cbsnews.com
Figures are calculated from the master account’s daily returns. The copier estimate applies the 30% fee to each week’s new profits above the previous high: the platform’s own calculation may differ.
