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
Chart of the day: European gas ever closer to 100 EURMWh
Elections in Brazil: Lula returns to power, markets react with panic. Brazilian ETF loses nearly 15% in Tokyo. What about USDBRL, soybeans, sugar, BRAComp, and ETFs?
π’Morning Wrap: Lack of escalation lowers oil prices. Unexpected Lula victory hurts Brazilian stock market
Daily Summary: Oil at five-month highs, indices under pressure (23.10.2026)