Welcome to GoldBank Insider — the UK podcast that turns the biggest precious-metals headlines into clear takeaways. Today: gold is ripping higher again, reclaiming the $5,000 level, and silver and platinum are moving with it. Here’s what’s driving it, and what UK investors should watch next.

What happened

Gold surged more than 2% on 4 February, extending Tuesday’s powerful rebound that was described as the biggest daily jump since 2008. Spot gold traded around $5,070 per ounce, with April US futures around $5,090.

Silver climbed to roughly $87–$88 per ounce, platinum rose to around $2,270 per ounce, and palladium also advanced.

Why it’s moving

1. Geopolitics is back in the driver’s seat

The rally was boosted by heightened US–Iran tensions, which typically pushes investors toward safe-haven assets  ...