Wednesday, 5 August 2020

Gold Soars to a Fresh All-Time High, Silver at its Best Level in Seven-Years

Gold and silver continue to rally hard, fueled by persistent US dollar weakness, negative real yields and the haven-status of the precious metals space.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...