Gold and silver, which saw a sharp decline, are on the rise again

Gold and silver, which hit consecutive peaks last week, have entered a recovery trend today (February 3) after retreating to their early-month levels due to selling pressure.

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Gold and silver, which saw a sharp decline, are on the rise again

In the gold market, which closed last week with records, the decline that began on Friday continued on Monday. Gold, which gained approximately 13 percent in value in January, returned to its early-month levels following a two-day pullback.

GOLD OUNCE TESTED 4,856 DOLLARS

As of Tuesday, gold and silver prices have recovered a portion of their losses. While the gold ounce tested 4,856 dollars in the morning hours, it is trading around 4,820 dollars during the day.

Gram gold, after rising to 6,789 TL, is finding buyers at the 6,737 TL level.

Ounce silver, which peaked at 119 dollars last week, is hovering around the 83 dollar level today.

News Source: 12punto