goldprice

Gold and silver prices have successfully rebounded on February 3, 2026, recovering more than 2% following a historic "wipeout" earlier in the week. Spot gold rose to $4,767.33 per ounce, recovering from a near one-month low, while spot silver climbed to $81.61.
Market Rebound Overview (Feb 3, 2026)
The recovery follows a brutal selloff where gold plunged nearly 10% and silver collapsed roughly 30% in a single day (the steepest declines in decades).
Gold (Spot): Last trading at $4,771.76, up over 2% from Monday's lows.
Silver (Spot): Advanced as much as 7.8% intraday, settling around $81.30–$81.61.
Pakistan Local Markets: Gold witnessed a massive single-day drop of Rs 21,500 per tola to settle at Rs 490,362 before the international recovery began to influence local sentiment.
Key Drivers of the Rebound
Bargain Hunting: Investors viewed the "historic wipeout" as a positioning reset rather than a structural downturn, leading to aggressive buying at the support levels of $4,400 for gold.
US Government Shutdown: The partial federal government shutdown led to the cancellation of the closely watched January employment report, increasing macro uncertainty that typically favors safe-haven metals.
Fed Chair Nomination: The nomination of Kevin Warsh as the next Federal Reserve Chair initially boosted the dollar (causing the crash), but markets have since stabilized as investors reassess his potential "hawkish" impact on inflation and interest rates.
Margin Requirements: CME Group raised margin requirements on precious metal futures after Monday's close, which initially forced liquidations but eventually helped stabilize the volatility.
Future Outlook
Analysts at J.P. Morgan and Bank of America maintain a bullish long-term outlook for 2026, with price targets for gold remaining between $5,000 and $6,000 per ounce by year-end, citing continued central bank diversification and geopolitical risks. Silver is expected to be more volatile but could target $100 if it sustains levels above $85.
#goldprice #SilverRate #MarketRebound #commodities #GoldSilverRebound

​The precious metals market is currently experiencing its most volatile week since the 1980s. After reaching astronomical lifetime highs in late January, both Gold and Silver have entered a "liquidity wipeout" phase that has left traders on edge.
​📉 The Flash Crash Breakdown
​On Friday, January 31, the market witnessed a "black swan" event. Gold recorded its steepest one-day decline in over a decade, while Silver saw an unprecedented plunge of nearly 30% in a single session.
​As of today, February 3, 2026, the dust is still settling:
​Gold (MCX): Trading near ₹1,53,160 per 10g, down from its peak of over ₹1.80 lakh.​Silver (MCX): Hovering around ₹2,80,000 per kg, a massive correction from the ₹4.20 lakh mark reached just days ago.​Global Spot Gold: Hovering near $4,780/oz, struggling against a strengthening US Dollar.
​🔍 Why is this happening?
​Experts point to a "perfect storm" of three major factors:
​CME Margin Hikes: Major international exchanges (CME Group) hiked trading margins for Gold (up to 8.8%) and Silver (up to 16.5%), forcing over-leveraged traders to dump positions instantly.​The "Warsh" Effect: The nomination of Kevin Warsh as the next Fed Chair has fueled expectations of a hawkish "higher-for-longer" interest rate policy, boosting the USD and crushing non-yielding assets like Gold.​Post-Budget Profit Taking: In India, the Union Budget 2026 acted as a "sell-the-news" event, triggering massive profit-booking from institutional investors.
​🚀 Opportunity or Trap?
​While the short-term trend looks bearish due to technical damage, many analysts believe the "fundamentals remain intact." Geopolitical tensions (US-Iran and China-Taiwan) and the launch of the US "Project Vault" mineral stockpile could provide a floor for prices.
​For crypto-native investors on Binance, the correlation between "Digital Gold" (BTC) and "Physical Gold" is being watched closely as capital rotates during this volatility.
​#GoldPrice #SilverCrash #MarketUpdate #BullionNews #Investing2026
$XAU
$XAG
$PAXG

🚨 $XAU Gold breaks all records!
Gold price surges aggressively 💥 and crosses new highs 💰✨
Investors are shocked as 🟡 GOLD shines brighter than ever!
Is this the start of a new golden era? 👀🔥
📊 Safe haven demand + global uncertainty = PRICE EXPLOSION!
#Gold #GoldPrice #MarketShock #Investing
📈🟡

The "City of Gold" is seeing red today. 🚩
What started as a record-breaking rally has shifted into a violent correction as profit-taking turns into a dash for the exits.
If you thought the climb was fast, the drop is proving to be even faster.
🟡 GOLD: The Dh600 Floor Shatters
The psychological support at Dh600 didn't just break; it vanished. After peaking at a staggering Dh666 on Thursday, 24K gold has plummeted, leaving investors reeling.
* Current 24K Price: Dh589.50/g 📉
* 48-Hour Wipeout: -Dh76.50 per gram 💣
* Global Benchmark: $5,000/oz 🌍
Local Rate Breakdown:
* 22K: Dh545.75
* 21K: Dh523.25
* 18K: Dh448.50
⚪ SILVER: A Total Liquidation Event
If gold is bleeding, silver is in the intensive care unit. 🚑
We are witnessing an absolute obliteration of value in a record timeframe.
* Percentage Drop: -34% ⚠️
* Price Slash: -$40 per ounce 💥
* Market Sentiment: Extreme Fear 😱
🔍 Market Analysis: Dip or Disaster?
Volatility is the name of the game right now.
While long-term bulls might call this a "healthy reset" after the recent moon mission, the sheer speed of the sell-off suggests tightening liquidity and a massive shift in sentiment.
> "Be fearful when others are greedy, but stay cautious when the floor falls out."
>
Are you buying this blood, or is it time to move to the sidelines? Let’s hear your strategy in the comments! 👇
$XAU | $XAG
#goldprice #SilverCrash #CryptoVsGold #MarketUpdate #TradingAlert

Gold prices are facing a "brutal reset" today, Monday, February 2, 2026. After a massive rally that saw $XAU climb to over $5,600, the tides have turned as a combination of profit-booking and macroeconomic shifts triggers a sharp sell-off.

​The Fundamental "Bear" Case:
​The "Warsh" Effect: President Trump’s nomination of Kevin Warsh as the next Fed Chair has sent shockwaves through the bullion market. Known as an inflation hawk, his potential leadership has boosted the US Dollar ($DXY) and yields, making non-yielding assets like Gold less attractive.
​Margin Hikes: The CME Group has increased margin requirements for precious metal futures, forcing traders to liquidate positions to meet capital demands.
​Profit Taking: After months of record-breaking gains, institutional and retail investors are rushing to lock in gains, leading to "panic selling" and high volatility.
​Technical Breakdown:
​Trend Shift: Gold has broken below its 21-day SMA and is struggling to hold above the $4,500 psychological level.​Indicators: The RSI has plummeted into oversold territory (approx. 22.8), suggesting an extreme move, while the MACD remains firmly in negative territory, signaling dominant bearish momentum.
Key Support Levels:​Immediate Support: $4,420 – $4,480 (50-day SMA range).​Major "Buy the Dip" Zone: $4,230 (100-day SMA).​Resistance: Any corrective bounce will likely face heavy rejection at the $4,760 – $4,850 zone.
​Strategic Outlook:
​The current structure favors a "Sell on Strength" approach. While a short-term bounce is likely due to the oversold RSI, the broader intraday bias remains bearish until Gold can reclaim and stabilize above $5,050.
​⚠️ Caution: Volatility is at a yearly high. Ensure tight stop-losses and manage your risk carefully as the market digests the latest US Budget and Fed leadership news.
$XAU
​#XAUUSD #GoldPrice #ForexAnalysis #tradingStrategy #BearishMarket #BinanceSquare