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Gold Continues to See a lot of Volatility
Gold gapped higher on geopolitical tensions but quickly sold off as initial panic faded. The gold market gapped higher to kick off the trading session here on Monday, which is not a huge surprise when you look at the state of the world with the United States and Israel attacking Iran. And this is a market that I think is going to be very noisy and will of course move on to latest headlines. It appears though that the initial panic that was seen in Asia is starting to abate. And it's worth noting that once the actual full futures market opened up, it's been pretty much straight down. We have filled a gap from the ... (full story)
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From financemagnates.com | Mar 3, 2026
Silver fell to $83.70 per ounce on Tuesday, March 3, 2026, down another 7% on the day after losing nearly 5% on Monday, wiping out the entire safe-haven premium built on the back of the US-Israel strikes on Iran and the closure of the Strait of Hormuz that rattled global markets at the weekend. From Monday's opening spike above $96, the metal has now shed ...
