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The price of spot gold has returned to $5,000 per ounce.

AASTOCKS ·  Feb 9 08:55

Capital has returned to the precious metals market amid lower prices. This morning (on the 9th) during the Asian trading session, spot gold prices surged beyond $5,000 per ounce, currently up 1.21% at $5,023.16 per ounce. April gold futures also rose by 1.18% to $5,037.70 per ounce. Looking ahead, traders will closely monitor upcoming U.S. economic data for greater clarity on the future policy direction of the Federal Reserve.

Additionally, silver prices have also increased, with spot silver rising 2.77% to $79.99 per ounce, and March silver futures climbing 3.38% to $79.49 per ounce.

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