Gold price snaps back 5% after two-day crash; CME margin shock keeps traders edgy
SINGAPORE, February 4, 2026, 06:07 SGT — Premarket Gold prices surged Tuesday following two tough sessions, with spot gold climbing 5.2% to $4,906.82 an ounce. U.S. April futures jumped 6.1%, closing at $4,935. Peter Grant from Zaner Metals called the recent dip a correction within a longer-term uptrend, pointing to $4,400 as support and $5,100 as resistance.