Daily News Nuggets | Today’s top stories for gold and silver investors
February 4th, 2026 | Brandon Sauerwein, Editor
Gold Over $5,000, Silver Surges After Deep Sell-Off
Gold futures reclaimed the $5,000/oz mark Wednesday, rebounding after last week’s historic plunge. Prices rose about 3% to roughly $5,070/oz, while silver surged 8–10% toward the $90/oz level. The bounce followed one of the sharpest precious-metals sell-offs in decades, with gold down more than 13% and silver nearly 30% earlier this week.
Traders point to dip-buying and forced liquidations running their course as key drivers of the rebound. After crowded trades unwound, selling pressure eased. Many now view the drop as a technical reset,…
