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Gold is experiencing a strong recovery!
After a sharp correction in early February 2026, the $5,000 level is being surpassed.
Spot gold is currently trading in the ~$5,030–$5,060 range.
Daily jumps of ~2–5% have been seen in recent days.
There is a significant rebound from the weekly lows (+$400–$500).
Key supports are still strong:
Central bank purchases continue (China bought for the 15th consecutive month, +40,000 oz in January).
Total net purchases for 2025: 863 tons (4th largest year in history).
2026 expectation: ~750–800 tons of official purchases.
Geopolitical risk + need for dollar diversification continues.
Despite high volatility, safe-haven demand and ETF inflows are supporting the rally. Do you think this recovery will pave the way to $5,500–$6,000? Share your thoughts in the comments 🚀
#GoldRebounds