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
Morning Wrap: Conflict Escalation Pushes Oil to $100 (12.03.2025)
Daily summary: Oil still pressures Wall Street despite favorable CPI data π½
π©Silver loses 3%
Oil slightly up amid Iran tensions and US EIA inventories report