Gold and Silver Prices Rise After Historic Market Drop
Gold and silver prices rise sharply on Tuesday after heavy selling pressure in global markets.
Prices increased by more than 2 percent. The rebound came after recent market stress pushed precious metals to their lowest level in a month.
Reports show that spot gold jumped 2.2 percent to $4,767.33 per ounce. Prices had touched a near one-month low on Monday. Last Thursday, gold had reached a record high of $5,594.82 per ounce. US gold futures for April delivery climbed 3 percent to $4,791.10 per ounce.
Market analysts say current prices look more reasonable. They saw unusual volatility in recent weeks. The latest recovery brought prices close to levels seen in mid-January.
Gold gained nearly 13 percent in January. That marked its biggest monthly rise since November 2009. Silver became 19 percent more expensive during the same period. However, a stronger US dollar and tighter margin rules increased pressure on precious metals after Kevin Warsh’s nomination as Fed Chair.
CME Group raised margin requirements on precious metals futures after Monday’s market close. At the same time, the US Labor Bureau said it will not release the January jobs report on Friday due to a partial government shutdown.
Investors expect the Federal Reserve to cut interest rates at least twice in 2026. Gold usually performs better in a low-interest-rate environment because it does not offer yield.
Spot silver rose 2.8 percent to $81.61 per ounce. Platinum saw a small increase, while palladium recorded a slight decline.
The market recovery shows that gold and silver prices rise again as investors respond to economic signals and future rate cut expectations.