Gold and silver prices recover as bond yields stabilize
pre-market1 source ↓written by the desknot a recommendation
- rose
- $27
- $4,588/oz
- gained
- $1.08
- after hitting lows
- $78.62/oz
- hitting lows
- $74.11
Precious metals rebounded on 18 May as bond yields stabilized after recent highs. COMEX gold futures rose by $27 to $4,588/oz, while silver futures gained $1.08 to $78.62/oz after hitting lows of $74.11. Elevated tensions in the Middle East continue to influence market dynamics and inflation concerns.
• Gold futures up $27/oz
• Silver futures up $1.08/oz
• Bond yields stabilized
• Crude oil prices remain high
Not investment advice. For informational purposes only.