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Gold Advances Above $5,000 as Dip-Buyers Return to Choppy Market
Gold climbed above $5,000 an ounce, as dip-buyers returned to the market after an exceptionally volatile week for precious metals. Bullion rose as much as 1.8% on Monday, recovering some more ground after a historic rout at the end of last month. The metal has recovered around half of the losses sustained since it plunged from an all-time high hit on Jan. 29. A gauge of the dollar weakened. Gold’s ability to stabilize above the $5,000 threshold “will be critical in determining whether the market can transition from a reactive bounce to a more sustainable advance,” said Ahmad Assiri, an analyst at Pepperstone ... (full story)
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- Feb 9, 2026 1:26pm Posted byFundamental Analysis257
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