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Does Silver's Crowded Rally Need A Breather?

Tyler Durden's Photo
by Tyler Durden
Authored...

Gold and silver rallied to fresh all-time highs on escalating geopolitical tensions and prospects for more US rate cuts.

Precious metals' haven appeal has also been amplified in the last week by rising geopolitical tensions, particularly in Venezuela, where the US has blockaded oil tankers as it ratchets up pressure on the government of President Nicolás Maduro.