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News in English (USA) / 05.02.2026 / 17:00

Gold and Silver Prices Experience Extreme Volatility Amid Market Turmoil

In recent days, gold and silver prices have witnessed significant fluctuations, with gold briefly soaring above $5,000 before retreating, while silver experienced a tumultuous drop of up to 36%. Following a historic meltdown, both precious metals have attempted a rebound, fueled by investor interest in buying the dip. However, optimism is tempered by bearish outside market pressures and a recent Trump announcement, which ignited billions in losses across the sector. Analysts express mixed sentiments, suggesting that the current market volatility may be short-lived, yet uncertainty remains as price actions continue to be influenced by various geopolitical factors and economic signals.
CNBC, "Barrons", CNN, Yahoo Finance, Benzinga, KITCO, The Wall Street Journal, BBC, foxnews.com, Reuters