Tuesday, February 3, 2026 at 9:33 AM
Stock markets faced challenges while gold and silver prices saw significant rebounds amid volatile trading.
Despite the rise in precious metals, Wall Street indices retreated.
The Dow industrials gained 1.1%, boosted by a strong U.S. manufacturing report. Gold ended 1.9% lower, while silver is down 33% over the past two sessions.
Gold prices regained ground with futures in New York rising after two sessions of heavy selling.
Asian equities and precious metals were mostly higher Tuesday as investors cheered the U.S.-India trade deal and upcoming U.S.-Iran talks.
Gold and silver staged a rebound after two sessions of heavy selling, as underlying drivers of demand remain strong and current price levels drew renewed buyer interest.
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