Weaker than expected NFP report could pave the way for another rate cut in the US and that was exactly what precious metals needed to roar higher. Silver prices stormed higher (+4% from the daily low!) after a short (but dynamic) correction, platinum saw major gains too. Investors still await a speech from Fed’s Powell (5:30pm BST/6:30pm CEST) as it may have a major impact on weekly closing prices.
WTI Crude Plunges Over 2% to Lowest Level Since May
US bank earnings fail to boost market mood
Coffee Futures Soar 5%, Break 400 Cents per Pound
Technical look: Gold falls from the record high🔔
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