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: Moderate risk, moderate declines
OIL: crude gains amid escalating tensions between the US and Iran βοΈ
Gold surges 2.5% nearing $5000 per ounce π
WTI crude rises more than 3% ππ₯