Precious metals saw sharp gains, with gold climbing past $4,030 and silver approaching $48.40, marking a strong reversal from recent declines.
Spot gold rose nearly 2% intraday to surpass $4,030 per ounce, while spot silver surged close to 3% to $48.36 per ounce, according to market data. These price increases mark a notable turnaround from prior sessions of weakness, signaling renewed investor interest in precious metals.