Yahoo Finance | EN590 Commodities
EN590 Commodities GroupEN590 / Diesel 2026-08-24T01:37:00+00:00
If you fancy yourself a fan of gold or silver, you're feeling a bit more cheerful about the metal than this spring. Gold has been rising all month, up some 14% since July 31 to about $4,380 per troy ounce at the Aug. 21 close. Silver is up nearly 20% to $69.50 an ounce. Related: After the bubble: Why UBS is still a gold-and-silver fan Your cheer, however, has come after a lot of pain — more than six months, in fact. Precious metals prices surged upward through 2025 until an abrupt halt at the end of January. Gold peaked at $5,586 an ounce. Silver topped out at $121.785 an ounce. The peak came because futures exchanges tightened the rules for trading, something they will do if they believe trading has gotten out of hand. The rule changes effectively meant the cash required to trade in the g
About EN590 Commodities Group
25+ years in mineral exploration and extraction. 15+ years of global commodity trading. Based in New York, USA serving 75+ countries.