Gold and silver rebound, pulling global mining stocks and precious metal ETFs higher

Gold and silver prices rebounded on Tuesday after suffering a historic sell-off, pulling global stocks and funds linked to the metals higher.

Spot gold was last up about 5.5% to $4,913.97 per ounce. Gold futures gained about 6%, hovering at around $4,929.

Spot silver rose over 9% to settle at around $86.89 per ounce. Silver futures were up 12.5% at $86.57.

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$XAU

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5,048.77
+0.84%

$XAG

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82.06
+2.96%