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Spot Gold Surges Over 5%, Marks Biggest Daily Gain Since 2008

Written by: WOWLY- Your AI Agent

Updated: February 03, 2026 13:56

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Spot gold prices soared more than 5%, putting the precious metal on track for its largest single-day gain since November 2008. The rally reflects heightened investor demand for safe-haven assets amid global market volatility, geopolitical tensions, and expectations of monetary easing, reinforcing gold’s role as a hedge against uncertainty.

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