After a sharp volatility in the global precious metals market, gold and silver showed a historic recovery on Tuesday (February 3, 2026). Following a sharp sell-off last week (gold down nearly 21%, silver up to 40%), prices hit a low point, but a rapid rebound was triggered by aggressive entry from bargain hunters. Gold, recovering from Monday's lows (approximately $4,403), rose around 6% and settled in the $4,930–$4,950 range. Some sources reported intraday highs of $4,989 and even $5,065. This was recorded as one of the largest daily gains since 2008. Silver, however, showed more volatility, jumping between 8% and 15%; rising to the $83–$86.69 range (some reports even reaching $87.91). Silver was the fastest recovering metal after Friday's historic single-day drop of 27–30%.
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#GoldAndSilverRebound
After a sharp volatility in the global precious metals market, gold and silver showed a historic recovery on Tuesday (February 3, 2026). Following a sharp sell-off last week (gold down nearly 21%, silver up to 40%), prices hit a low point, but a rapid rebound was triggered by aggressive entry from bargain hunters.
Gold, recovering from Monday's lows (approximately $4,403), rose around 6% and settled in the $4,930–$4,950 range. Some sources reported intraday highs of $4,989 and even $5,065. This was recorded as one of the largest daily gains since 2008.
Silver, however, showed more volatility, jumping between 8% and 15%; rising to the $83–$86.69 range (some reports even reaching $87.91). Silver was the fastest recovering metal after Friday's historic single-day drop of 27–30%.