$XAU gold experienced a sharp shakeout in early February, briefly flushing toward the $4,400 area before attracting aggressive bids and reclaiming levels above $4,950 by Feb 6.
The correction followed an extended parabolic run that drove prices near the $5,600 record zone in late January, a classic reset after overheated momentum triggered fast profit-taking.
Silver showed even higher volatility, dumping toward $64 during the liquidation phase before snapping back strongly, though it remains well below the recent $121 peak.
Under the surface, physical demand is still tight — London silver lease rates jumping to ~6.3% point to ongoing supply stress.
Outlooks remain split: some expect a period of consolidation in the safe-haven complex, while others continue to target gold averaging toward $6,000 into 2026.
XAUUSDT
دائم
5,056.32
+0.02%
PAXG
5,065.15
+0.10%