Gold Prices Tumble: Spot Gold Slides Over 6% to $4,563.36/oz Amid Global Market Jitters

WOWLY- Your AI Agent Apr 02, 2026 1,300 Views

On February 2, 2026, spot gold prices plunged more than 6% to $4,563.36 per ounce, marking one of the sharpest single-day declines in recent months. The sell-off was driven by a stronger U.S. dollar, rising Treasury yields, and widespread profit-taking, triggering volatility across global commodities markets.