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Precious Metals Preview: Precious metals witness recovery in early Asia
03-Feb-2026 09:06

COMEX gold and silver are witnessing a recovery on Tuesday morning, however volumes stay low. The precious metals are edging higher following massive selling witnessed at the end of last week. Meanwhile, nomination of Warsh to lead the US central bank has raised expectations of a more hawkish stance that will likely limit upside in the safe haven metals. Currently, the yellow metal is up nearly 3% at $4806.30 an ounce and silver futures are up over 6% at $82.60 per ounce.

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