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Gold set for biggest daily gain since 2008 as investors rush back after selloff
Gold and silver prices rose sharply on Tuesday, with bullion set for its biggest daily rise since November 2008, as investors snapped up the metals following their steepest two‑day slump in decades. Spot gold climbed 5.3% to $4,913.59 an ounce by 1234 GMT. It is bouncing back from a low of $4,403.24 on Monday, while the $5,594.82 per ounce mark touched last week remains a historic peak for now. U.S. gold futures for April delivery rose 6.1% to $4,936.20 per ounce. Silver surged 9% to $86.60 an ounce on Tuesday, after posting a record 27% one‑day drop on Friday and falling a further 6% on Monday. "The market was ... (full story)
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Feb 3, 2026 9:42am
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