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Silver and Gold Rebound as Iran War Finally Gives Crude Oil a Year-on-Year Price Rise

From bullionvault.com

Silver and gold prices held onto most of last night's surge on Wednesday, showing a gain for the week so far as crude oil slipped but headed for its first year-on-year gain in 20 months thanks to the ongoing Iran War. Bond and stock prices also rallied with precious metals as US President Trump's claim that talks with Iran about ending the war had yielded a "big prize" was today followed by Turkey and Pakistan both saying they are acting as intermediaries between Washington and Tehran. But with gold and silver erasing the last of Monday's steep precious metals crash, "it is not beautiful even on paper," Al ... (full story)

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  • Category: Fundamental Analysis