Gold Ticks Higher, Silver Leads, Oil Jumps on Middle East Tensions
Gold and silver pushed higher Tuesday as silver led the precious metals complex. Oil surged over 2% on renewed Middle East supply concerns ahead of the OPEC+ meeting. Agricultural commodities split, with wheat gaining while corn sold off.
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Fed Quiet Liquidity U Turn Jackson Hole 2026 Bitcoin Dominance Nears Cycle High As Price Stalls Gold Pullback Cycle Highs Cftc Positioning Silver led the metals higher, up 1.92% to $62.77. The break above the 20-day moving average signals renewed industrial demand optimism.
Gold followed, edging up 0.30% to $422.60. GLD holds support at $421.32 with resistance sitting at $428.07.…
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