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: Dollar rout after NFP, Gold back on the rise
Three markets to watch next week (07.08.2026)
Gold gains almost 3% trying to reverse the trend
US OPEN: Shallow rebound in the shadow of a weak labor market