Silver continues recovery and gains almost 2% today. Prices of precious metals are supported by weak US dollar and continued, strong ETF purchases. Silver tested $28 mark today and is trading almost 20% above last week's low! A peak from the beginning of August at $29 is a key area to watch now.
Silver is testing $28 after a 20% rally off last week's low. Source: xStation5
Economic Calendar - Key Services PMIs for Europe and the US, and Central Bankers' Decisions
Morning Briefing: Dollar gains, oil falls. EURUSD at multi-month lows
Oil down nearly 5% following the announcement that European diesel reserves will be releasedπ‘
π‘Gold takes a breath, because of oil, not NFP