Araverus Team|Tuesday, February 3, 2026 at 8:44 AM
Araverus Team
Feb 3, 2026 · 8:44 AM
Commodity Market · Gold Prices · Selloff
Gold prices rebounded more than 3% after hitting a near one-month low, influenced by the absence of key economic data due to a partial U.S. government shutdown.
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.
U.S. stock futures rose as global markets steadied after days of volatile trading, though the dollar slid after rallying in previous sessions.
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.
Silver prices fell sharply after a short-lived rebound as high volatility persists following a historical selloff.
