Precious metals are the best performing asset class today with gains ranging from 1% to over 2%. The US dollar weakness can be named as the primary cause behind today's rally with US currency being the top laggard among majors today. Silver is a top performer and gains over 2%. Meanwhile, gold has made its way back above the $1,900 handle and looks towards weekly highs and an important price zone at $1,915.
Gold broke above the downward trendline and is testing a mid-term resistance zone at $1,915. Source: xStation5
Gold gains and returns to $4,400 π½ Are precious metals betting on a dovish Fed?
π Is there a shortage of physical copper?
Morning Wrap: EURUSD at 2-month high! Rate hike bets keep shrinking (17.08.2026)
Daily Summary: EUR/USD tries to reverse the trend; Wall Street marks its third consecutive week of gains π¨