Gold rebounds as $4,000 support holds, silver leads metals higher - Kitco AM Report - KITCO
Source: KITCO
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DW NOTE
Gold fell 23.5% from $5,318 in January to $4,070 now. Silver fell 48.3% from its 2026 high to $59.45. Calling $4,000 "support" after a six-month rout is reframing capitulation as resilience.
Oil prices hit the $100 per barrel mark early on Wednesday in Asian trade as the ongoing crisis in the Middle East has diminished hopes of U.S.-Iran talks and a return to normal oil flows soon. As of early morning trade in Europe on Wednesday, the international benchmark, Brent Crude, jumped by 2.2
Bitcoin advanced to as high as $79,700 while Brent crude topped $100 and European shares fell, leaving crypto tracking gold rather than equities.
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