Silver soars 13 percent after recent crash
This is a sharp recovery from a drop to $72.10 in early February
This is a sharp recovery from a drop to $72.10 in early February
The price of gold futures with settlement in February 2026 on the Comex exchange (a division of the New York Mercantile Exchange) fell below $4,700 per troy ounce for the first time since January 19, according to trading data.
The price of gold futures with settlement in February 2026 has hit a new all-time high on the Comex exchange (a division of the New York Mercantile Exchange) again, exceeding $5,600 per troy ounce, according to trading data.
During trading on Thursday, the price of silver has reached a historic high of over $96 per ounce for the first time ever.
Exchange prices for silver and platinum have reached record levels, hitting $75 and $2,450 per ounce, respectively.
Benchmark crude oil prices are rising again, and the reason for this is the upcoming meeting of the US Federal Reserve, which is scheduled for tomorrow, July 25. The US Federal Reserve is expected to raise the discount rate by 25 basis points.
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Oil futures ended sharply higher Wednesday, taking back a chunk of this week’s hefty losses after an unexpectedly large drop in gasoline inventories.