New York Wrap: Crude jumps 6.7% as metals slide
Brent and WTI surged nearly 7% while platinum, silver and gold sold off and Wall Street closed lower across the board.
Silver
Articles
Energy
London Wrap: Crude jumps 6.8% as metals slide
Brent and WTI surged nearly 7% while platinum, silver and gold sold off and European indices closed lower. Bitcoin Cash led crypto losses.
New York Wrap: precious metals lead as yen firms
Palladium jumped 3.61% and silver added 1.91% as the metals complex led the session, while the yen firmed across the board and US indices closed higher.
London Wrap: Precious metals rally, yen bid across board
Palladium jumped 3.61% and silver 1.91% as the metals complex firmed, while the yen strengthened across the board with NZD/JPY down 1.79%.
US jobless claims in focus: forecast 205K vs 203K prior
US Unemployment Claims land at 12:30 UTC on Sept 3, forecast 205K vs 203K prior. Here's what the release measures and how USD-linked metals are trading.
Energy
New York Wrap: Crude jumps 4.6%, metals sink
Oil led the session with USOil up 4.62% while silver, platinum and gold all fell sharply and Wall Street indices closed in the red.
Energy
London Wrap: Crude jumps 4.6%, gold and silver slide
Crude oil surged over 4% while precious metals sold off hard and European equities closed broadly lower as the London session wound down.
Technical
Silver Technical Snapshot: XAGUSD Slides 4.07%
Silver (XAGUSD) trades at 66.32 after a 4.07% session drop, sitting 45.47% below its 52-week high with a neutral RSI of 53.6 and mid-range positioning.
Crypto
The Daily Bullion: Ether jumps 19% as crypto rips higher
Ethereum surged 19.5% and Bitcoin cleared $69k as crypto led the tape; silver and platinum climbed while the dollar sank against the franc.
New York Wrap: Nikkei sinks 4%, silver sheds 4%
The Nikkei 225 fell 4.17% and silver dropped 4% as precious metals and equities sold off, while crude oil and Solana bucked the trend.
London Wrap: Nikkei tumbles 4%, silver sheds 4%
The Nikkei dropped 4.17% and silver fell 4% as precious metals sold off broadly. European bourses and Wall Street's tech names closed the London day lower.
Technical
Silver Technical Snapshot: 47% Below 52-Week High
Silver (XAGUSD) trades at 63.31, down 4.0% on the session, sitting above its 20- and 50-day averages but 15% under the 200-day line. A descriptive technical read.