Gold and Silver Bounce, but Traders Still Need Proof on Hormuz Normalization

Gold and Silver rebounded notably today as oil prices extended their sharp decline and markets cautiously increased bets that at least a US-Iran ceasefire expansion/extension may be approaching. US Secretary of State Marco Rubio acknowledged as much in New Delhi, saying there was a “pretty solid thing on the table” involving reopening the strait and
The post Gold and Silver Bounce, but Traders Still Need Proof on Hormuz Normalization appeared first on ActionForex.

Gold and Silver rebounded notably today as oil prices extended their sharp decline and markets cautiously increased bets that at least a US-Iran ceasefire expansion/extension may be approaching. US Secretary of State Marco Rubio acknowledged as much in New Delhi, saying there was a “pretty solid thing on the table” involving reopening the strait and […]

The post Gold and Silver Bounce, but Traders Still Need Proof on Hormuz Normalization appeared first on ActionForex.

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