STI ETFGold surged significantly: Driven by risk aversion sentiment, spot gold soared by 6.2%, once again approaching the $5,000 per ounce mark. Therefore, as a safe-haven investment, precious metals are a conservative choice amid aggressive strategies, absolutely solid.
🔥 Market Divergence: Tech & Crypto Bleed, Gold & Silver Shine | Wed, Feb 4, 2026
Markets delivered a stark lesson in rotation today: a brutal sell-off in software and crypto was met with a historic surge into precious metals. Here’s the breakdown of a wild Wednesday:
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