Silver prices are soaring today by 1.3% and reaching the highest level since September 2017 at nearly $17.90 per ounce. Precious metals are big winners amid uncertainty that pushes bond yields worldwide and reduces alternative cost of holding those assets. While gold has made many headlines, silver prices have soared by 25% since the end of May.
Oil down nearly 5% following the announcement that European diesel reserves will be released💡
🟡Gold takes a breath, because of oil, not NFP
Daily Summary: Wall Street Recovers as Micron Shines and Oil Prices Rise Again
The US has a Diesel problem. Now Europe is being asked to open its reserves