Both gold and silver prices saw a sharp rebound on Monday, February 9, after witnessing an exceptionally volatile week. Spot gold prices advanced nearly 1.18% to $5,040 an ounce, while spot silver prices surged as much as 3.39% to $79.89 during the Asian trading hours on Monday. However, gold prices are still 11.27% below the record high of $5,608.35, and silver prices are 52.29% below the all-time high of $121.67 reached on January 29. What's driving gold and silver prices today? The rally was fueled by the decisive election win of Japan’s incumbent Prime Minister Sanae Takaichi. The result has strengthened ... (full story)