Precious metals continue the rally on Tuesday with silver gaining above 2% and gold following with a 0.9% advance. These gains come on top of Monday advances and in case of silver the price is up more than 20% since the end of May and the highest since February 2018. Silver gains as recession fears drive bond yields lower and lower alternative cost of holding the metal.
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Chart of the day 🚩 Oil slides from $80 despite USA - Iran tensions. What's next?
Morning wrap🚩 Wall Street resists oil pressure amid rising Middle East tensions (09.07.2026)