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Gold and Silver Rebound from Last Week’s Dramatic Declines
Gold closed higher on Monday, gaining $27.20, or 0.60%, to settle at $4,570 per troy ounce — snapping a four-session losing streak that had erased $180 from the metal’s value last week. The session offered a measure of relief for bullion bulls, though analysts cautioned that the drivers lifting prices remain fragile. Chief among them were renewed hopes for a diplomatic resolution between the United States and Iran, as well as a softer US dollar, which typically makes dollar-denominated commodities more attractive to international buyers. Gains were tempered, however, by a concurrent rise in oil prices and renewed ... (full story)
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- May 18, 2026 6:38pm Posted byFundamental Analysis83
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