Precious metals markets have been slowly recovering following tuesday’s rapid sell-off. On Wednesday declines were deepened, but eventually these metals finished the session higher. This morning one can also spot some gains. Silver is adding roughly 1.30% while gold prices are rising 0.80%.
As far as technical analysis is concerned, one can see a triangle pattern which is building up on silver H1 chart. Despite lower volatility, smashing through lower or higher limit of the pattern should provide some additional volatility which could result in bigger moves.
Silver, H1 interval. Source: xStation5
BREAKING: EIA gas inventories change slightly above expectations. NATGAS declines after EIA data 📌
Breaking: Update on Soybean - China to Buy 12 mt Soy This Year
Chart of the day - Soybean (30.10.2025)
Morning wrap (30.10.2025)
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.