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The recent release of a limited set of documents related to the late financier Jeffrey Epstein has triggered significant criticism from U.S. lawmakers and public figures. Prominent voices, including Representative Alexandria Ocasio-Cortez and Elon Musk, have accused the Department of Justice of failing to disclose the full record as legally required, maintaining opacity around the scandal.The recent release of a limited set of documents related to the late financier Jeffrey Epstein has triggered significant criticism from U.S. lawmakers and public figures. Prominent voices, including Representative Alexandria Ocasio-Cortez and Elon Musk, have accused the Department of Justice of failing to disclose the full record as legally required, maintaining opacity around the scandal.At least 19 Palestinians, including multiple children and women, were killed in Israeli airstrikes across Gaza early Saturday, according to local medical sources. The attacks targeted residential areas, a displacement camp, and a police station, amid ongoing violations of the ceasefire agreement.Turkey’s defense and aerospace exports surged 48% to $10.54 billion in 2025, with the country now aiming to rank among the world’s top 10 defense exporters. Officials highlight a strategic shift toward country-to-country sales and deeper global partnerships.Turkish exports to Syria skyrocketed by nearly 70% in 2025, exceeding $2.5 billion, following political changes in Damascus. Business leaders cite a more predictable market and reopening border gates. This growth is expected to continue, supported by reconstruction needs and increasing stability.
The recent release of a limited set of documents related to the late financier Jeffrey Epstein has triggered significant criticism from U.S. lawmakers and public figures. Prominent voices, including Representative Alexandria Ocasio-Cortez and Elon Musk, have accused the Department of Justice of failing to disclose the full record as legally required, maintaining opacity around the scandal.The recent release of a limited set of documents related to the late financier Jeffrey Epstein has triggered significant criticism from U.S. lawmakers and public figures. Prominent voices, including Representative Alexandria Ocasio-Cortez and Elon Musk, have accused the Department of Justice of failing to disclose the full record as legally required, maintaining opacity around the scandal.At least 19 Palestinians, including multiple children and women, were killed in Israeli airstrikes across Gaza early Saturday, according to local medical sources. The attacks targeted residential areas, a displacement camp, and a police station, amid ongoing violations of the ceasefire agreement.Turkey’s defense and aerospace exports surged 48% to $10.54 billion in 2025, with the country now aiming to rank among the world’s top 10 defense exporters. Officials highlight a strategic shift toward country-to-country sales and deeper global partnerships.Turkish exports to Syria skyrocketed by nearly 70% in 2025, exceeding $2.5 billion, following political changes in Damascus. Business leaders cite a more predictable market and reopening border gates. This growth is expected to continue, supported by reconstruction needs and increasing stability.

Gold and silver rebound sharply after recent sell-off in markets

Yenişafak English AA
11:25, 03/02/2026, Tuesday
AA
Gold and silver rebound sharply after recent sell-off in markets
File photo

Gold prices recovered on Tuesday, climbing over 5.7% after a steep two-day decline triggered by political uncertainty. Silver also saw a strong rebound, gaining more than 9% as precious metals markets experienced volatile trading.

Precious metals markets staged a significant rebound on Tuesday, with gold prices rising sharply to recoup some of the steep losses recorded in the previous trading sessions. The recovery indicates ongoing volatility as investors digest recent political and monetary policy developments.

Price Movements and Market Context

Spot gold surged over 5.7% to reach $4,926.4 per ounce by 0755 GMT. This follows a notable sell-off on Friday and Monday that pushed the price briefly below the $4,500 level. Similarly, silver prices demonstrated a stronger recovery, jumping 9.3% to $86.6 per ounce, outperforming gold in the day's rally.

Trigger for the Previous Decline

The recent downturn in gold was largely attributed to market reactions to US political news. On Monday, President Donald Trump announced his selection of former Federal Reserve governor Kevin Warsh as his nominee for the next chair of the central bank. This announcement influenced market expectations regarding future monetary policy, leading to a sell-off in non-yielding assets like gold.

Volatility and Investor Sentiment

The sharp reversal highlights the continued sensitivity of precious metals to US fiscal and monetary policy signals. Gold often serves as a hedge against uncertainty, but it can also experience selling pressure when news suggests potential shifts in interest rate policy or financial stability. Tuesday's rebound suggests some investors viewed the previous decline as an overreaction or buying opportunity.

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