Gold and Silver Stage a Snapback Rally After Historic Rout

1 min read
Source: CNBC
Gold and Silver Stage a Snapback Rally After Historic Rout
Photo: CNBC
TL;DR Summary

Gold and silver rebounded from a dramatic selloff, with spot gold near $4,914/oz and silver around $86.89/oz, as mining stocks and related ETFs rose alongside. Analysts from Deutsche Bank and Barclays suggested the move is driven by short-term catalysts rather than a lasting reversal, while underlying demand drivers—especially for silver in solar and tech applications—remain intact.

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