Gold, Silver recover from a slump

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

3 November 2026, 7:00 AM

Morning wrap: Stock Indices Fall Again 🚩 Oil Tries To Rebound Following US Strike on Iran’s Qeshm Island (03.11.2026)

2 November 2026, 6:57 PM

Daily Summary: A Rollercoaster Ride in the Commodities Market🚨Oil Drops 7%; Gold Rallies Over 2%💥

2 November 2026, 4:57 PM

🚨Oil and gas in Europe in a panic sell-off

2 November 2026, 11:31 AM

Chart of the Day: Brent crude falls despite Trump's words about no desire to negotiate

Commodities

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