This week started very well for precious metals and these tendencies are continued on Tuesday. While gold price is getting close to $2000 other metals are actually gaining more. Silver is up 2.6%, platinum adds 2.5% and palladium 2.3%.
The story remains the same – ultra supportive Fed that pushes the USD down and encourages risk taking. Metals gain strongly and at the same time US100 soars to fresh all-time highs.

Daily Summary: Nasdaq at 1-week low, gold and silver erase gains (18.08.2026)
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