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
Daily Summary: Oil Rebounds, EURUSD Falls Sharply π½ Wall Street Stabilizes After Nvidia Sell-Off
Oil Gains Nearly 2% Despite a Sharp Rise in US Inventories π
π© Gold loses almost 3%
Market Wrap: Europe Breaks Records, Another Scandal at Nvidia