8:42 AM · 13 August 2019

Silver prices explode higher as recession concerns mount

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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