Strong Surge for Gold and Silver After a Wave of Collapse… Markets Regain Balance Amid U.S. Monetary Shifts

Gold and silver prices saw a strong increase during trading on Tuesday, after the markets recently experienced a sharp sell-off that pushed prices to their lowest levels in weeks, before the precious metals returned to record notable gains driven by changes in investor sentiment.

Gold Records Gains Exceeding 4%

April gold futures rose by 4.16% to reach $4846.29 per ounce at 08:25 Moscow time. Spot gold prices also climbed by 3.44%, recording $4821.56 per ounce, after gold touched its lowest level in nearly a month in the previous trading session.

Silver Jumps Over 8%

For its part, silver showed an even stronger performance, with March futures rising by 8.21% to reach $83.33 per ounce, marking one of the most significant daily jumps in recent times.

U.S. Monetary Developments Behind Market Fluctuations

The price movements followed a strong sell-off triggered by the news of Kevin Warsh's nomination for the chairmanship of the U.S. Federal Reserve, raising investor concerns about the future of monetary policy in the United States and its impact on safe asset prices.

Experts: Prices Return to Their Natural Levels

Kyle Rodda, Senior Market Analyst at "Capital.com", noted that current prices seem closer to their fair value after a period of irrational fluctuations in the markets over the past weeks. He added that the recent rise has brought gold and silver back to the levels they recorded in early the second half of January 2026.

Record Gains Since the Beginning of the Year

Gold recorded an increase of about 13% in January, achieving its largest monthly gains since November 2009, while silver prices jumped by 19%, reflecting the continued demand for precious metals as a safe haven amid global economic fluctuations.