Gold futures demonstrated notable resilience during Wednesday's trading session, reclaiming the psychologically significant $5,000 per ounce threshold in early trading following last week's dramatic selloff. The yellow metal advanced approximately 3% to reach $5,070 per ounce, while silver exhibited even stronger momentum, surging 8–10% toward the $90 per ounce level.

Gold's dramatic reversal today showcased the resilience of precious metals markets after a brutal two-day selloff. Following Friday's sharp decline—which sent gold futures to an intraday low of $4,423 before recovering to close at $4,907, representing a loss of $503 or 9.3%—selling pressure persisted into Tuesday, taking prices back to $4,423.

Gold and silver prices continued their retreat today, extending Friday's dramatic selloff and raising questions about whether precious metals have entered a correction within a broader bull market or if the rally has reached its peak.

There's a lady who's sure all that glitters is gold and she's buying a stairway to Heaven
 -Led Zepplin

 Gold and silver dropped sharply on Friday with analyst siting that markets reacted to the news that President Donald Trump had selected Kevin Warsh to replace Jerome Powell as head of the Federal Reserve. However, that is only partially true.

Today’s astounding movement in Gold has traders either shaken out of their positions from the extreme low or too rattled by the volatility to buy into gold futures as it officially rolled over and switched contract months from the February (GCG2026) to April (GCJ2026). 

Gold futures exploded higher today, posting the largest single-day dollar gain ever recorded, surging an astonishing $231 per troy ounce to settle at a historic $5,447/oz. And the rally isn't stopping there: with gold now trading around the clock, futures resumed in Australia and continued their relentless climb.

Gold shattered records on Tuesday January 20th, and every day since then surging past multiple milestones and extending a powerful rally that has gained momentum throughout January. Today, gold futures crossed another threshold trading around $100 higher and touching prices above $5,180 at its heights.

Everyone has probably heard the Phrase, “give an inch, take a mile” usually in reference to a person taking advantage of a situation or deal to extract the highest amount of profit possible, often at the counter party’s expense. As you are reading this you might notice that this is beginning to sound like the setup a good trader is trained to seek out.

While gold flirted with a landmark price on Friday, silver stole the spotlight—crossing $100 per ounce for the first time ever.

Gold futures rebounded to a record above $4,940 per ounce on Thursday as markets recalibrated the balance between resilient US economic data and easing geopolitical risks, with investors finding renewed confidence in the yellow metal's trajectory despite a complex macroeconomic backdrop.