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Home » Gold soars more than 2%, breaching $5,000 per ounce barrier again – Saudi News

Gold soars more than 2%, breaching $5,000 per ounce barrier again – Saudi News

adminBy adminFebruary 4, 2026 Investor No Comments2 Mins Read
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Gold prices rose more than 2% today, continuing the best performance since 2008 following the strong gains achieved during the previous session.

The price of gold in instant trading rose (2.2)% to $(5044.74) per ounce, after rising (5.9)% yesterday Tuesday.

The April US gold futures contract also rose (2.7)% to $(5067.0) per ounce.

Among other metals, spot silver prices rose 2.1% to $86.92 an ounce, having hit an earlier high of $121.64 on Thursday.

The price of platinum in spot trading increased by (2.3) percent to $(2,260.50) per ounce after hitting a record high of $($2,918.80) on January 26th. Meanwhile, the price of palladium increased by (3) percent to $(1782.85).

Gold prices rose more than 2% today, continuing their best performance since 2008 following strong gains during the previous session.

Gold prices in spot trading rose (2.2)% to $(5044.74) per ounce on Tuesday, after rising (5.9)% yesterday.

April US gold futures also rose (2.7)% to $(5,067.0) per ounce.

Among other metals, the price of silver in spot trading rose (2.1) percent to $(86.92) per ounce, having hit a previous record level of $(121.64) on Thursday.

The price of platinum in spot trading increased by (2.3) percent to $(2,260.50) per ounce after hitting an all-time high of $($2,918.80) on January 26th. Meanwhile, the price of palladium increased by approximately (3) percent to $(1782.85).



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