By WSJ Staff

Gold and silver prices leapt, extending a stretch of extreme volatility.

-- Gold gained more than 6% to about $4,944 a troy ounce, based on prices for most active futures contracts.

-- Equivalent contracts for silver added 13% to trade at roughly $87 an ounce.

-- Copper and platinum also rallied.

-- U.S.-listed mining stocks such as Freeport-McMoRan and Southern Copper advanced. Shares in major London-listed miners such as Antofagasta and Anglo American jumped.

Prices remain considerably below peaks notched in recent days, when silver hit an intraday high of close to $122 an ounce, and gold topped $5,600 an ounce.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

February 03, 2026 09:43 ET (14:43 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.