StoneX weekly gold, silver round-up; still watching the Middle East, Federal Reserve
From stonex.com
The gold and silver markets have obviously been in thrall over the past few weeks to geopolitical activity concentrated on the Strait of Hormuz. Silver has generally been following gold although as usual price activity has been much more volatile, most notably at the end of last week when silver surged by 5% on the announcement, subsequently revoked, that the Strait of Hormuz was fully open and would remain so for the rest of the period of ceasefire The Strait is now closed again in what is believed to be a response to the continued blockade put up by the United States. Talks are continuing and reported to be making ...
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