Baku 24° C
Silver prices rise over 10%
Finance
- 05 February, 2026
- 10:22
Gold and silver prices rose in morning trading, reaching above $4,878.51 and $76 per troy ounce, respectively, Report informs referring to trading data.
Prices fell by 1.53% and 10.86%, respectively.
The decline in prices occurred amid market uncertainty regarding the future monetary policy stance of the US Federal Reserve. Global markets are paying attention to statements by US President Donald Trump regarding possible policy under the new Fed chairman. Trump previously announced that his nominee, Kevin Warsh, intends to lower the key interest rate.
Author
Latest News
02:17
Nearly 130 world leaders gather in New York for UN General Assembly
Other countries02:12
Erdoğan, Al-Menfi discuss Türkiye-Libya ties in New York
Region23:48
Türkiye is strong regional actor with clear foreign policy stance, Kılıç says
Region23:16
Jeyhun Bayramov attends WEF informal dinner in New York
Foreign policy22:59
Photo
Türkiye, Vietnam discuss expanding trade and defense cooperation
Region22:40
US, China yet to agree on extending trade truce
Other countries22:26
Trump supports further development of AI
Other countries22:11
Türkiye, US can deepen cooperation on regional stability, Fidan says
Region21:47
Photo