-
A gold and silver reset, not a reversal
After plunging from record highs amid elevated volatility, gold and silver attracted renewed buying interest as broader market conditions stabilised and the US dollar softened. While near-term volatility is likely to persist, we view the recent move primarily as a positioning-driven reset rather than a fundamental turning point. The recent sell-off in precious metals was remarkable for both its speed and magnitude. On Friday, gold experienced its steepest one-day decline since 2013, while silver recorded its largest daily drop on record. The sell-off in silver and gold on Friday was followed by further weakness on ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
From kitco.com | Feb 3, 2026
After their biggest collapse in recent history, gold and silver are finding their way back into the light, posting their biggest one-day gains on record. Spot gold last traded at $4,916 an ounce, up more than 5% on the day; meanwhile, spot silver last traded at $87.82 an ounce, up 11%. Some analysts note that the recovery in the precious metals confirms a ...
From deriv.com | Feb 3, 2026
Gold and silver prices have mounted a strong rebound after suffering one of their sharpest sell-offs in decades, forcing investors to reassess whether last week’s collapse marked a turning point or a temporary dislocation. Spot gold jumped as much as 4% on Tuesday to around $4,820 per ounce, while silver surged nearly 8% to $85 after plunging almost 30% in ...
From msn.com | Feb 3, 2026
The precious metals staged a smart comeback on Tuesday, February 3, after two days of relentless selling, marking one of the worst declines for the gold and silver prices in decades. Spot gold prices rallied nearly 6% in the international market to $4,935, putting them on track for the best single-day gain since November 2008, as per a Bloomberg report. ...
