Gold and Silver Climb Again After Sharp Decline
2/3/2026 9:17:43 AM
Gold prices rose more than 4% in Tuesday’s trading, while silver futures jumped 8% after a sharp sell-off recorded recently.
April gold futures climbed 4.16% to $4,846.29 per ounce.
Spot gold rose 3.44% to $4,821.56 per ounce, after the metal touched its lowest level in about a month in the previous session.
March silver futures also surged 8.21% to $83.33 per ounce.
Tuesday’s gains followed a steep wave of selling triggered by the nomination of Kevin Warsh for the post of Chairman of the US Federal Reserve.
April gold futures climbed 4.16% to $4,846.29 per ounce.
Spot gold rose 3.44% to $4,821.56 per ounce, after the metal touched its lowest level in about a month in the previous session.
March silver futures also surged 8.21% to $83.33 per ounce.
Tuesday’s gains followed a steep wave of selling triggered by the nomination of Kevin Warsh for the post of Chairman of the US Federal Reserve.