$NEX
$PEPE 🕯 | Falling oil and the dollar give gold and silver a fresh boost
🟠Gold and silver rose moderately at the start of the week as oil prices fell below $100 a barrel, easing inflation concerns and supporting gold and silver.
🟠Gold rose 1% and reached a high of $4,134 per ounce. It is currently trying to stabilize above $4,100 🍫
🟠Silver rose 1.5% and reached a high of $53.46 per ounce. It has now held above $50 for a fourth consecutive session after breaking through that level last week.
🟠The dollar fell today, helping gold and silver prices rise, especially after the U.S. jobs report came in better than expected and caused a sharp drop in their prices.
Important point ⛔️
There is no important news today, and gold’s movement will depend on oil prices and U.S. stocks—and on whether the stock sell-off continues ⚪️
🌑 @mshabaka
$NOT #CPITestsDecemberRateOutlook #NvidiaInvestigatesAfterHuang’sAffairApology #BitcoinFiveWeeklyLosses
$PEPE 🕯 | Falling oil and the dollar give gold and silver a fresh boost
🟠Gold and silver rose moderately at the start of the week as oil prices fell below $100 a barrel, easing inflation concerns and supporting gold and silver.
🟠Gold rose 1% and reached a high of $4,134 per ounce. It is currently trying to stabilize above $4,100 🍫
🟠Silver rose 1.5% and reached a high of $53.46 per ounce. It has now held above $50 for a fourth consecutive session after breaking through that level last week.
🟠The dollar fell today, helping gold and silver prices rise, especially after the U.S. jobs report came in better than expected and caused a sharp drop in their prices.
Important point ⛔️
There is no important news today, and gold’s movement will depend on oil prices and U.S. stocks—and on whether the stock sell-off continues ⚪️
🌑 @mshabaka
$NOT #CPITestsDecemberRateOutlook #NvidiaInvestigatesAfterHuang’sAffairApology #BitcoinFiveWeeklyLosses
