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Gold-silver ratio slips to near 60: What does it signal for precious metal investors?
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. Meanwhile, spot silver prices 10% to $87.40 an ounce on Tuesday. At the peak of the precious metals rally, which halted only last Friday, the gold-silver ratio had slumped to 44 levels. But as silver slumped 30% in two days and gold lost almost 9%, the gold-silver ... (full story)
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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 ...
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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 weeks 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 ...