Silver prices hold at $36 per ounce despite Middle East conflicts and a stronger US dollar. Learn how global tensions and demand affect silver’s market trends.
Middle East
Rocket Attack in Baghdad, Syria Gas Field Shelled After Soleimani Killing
Syrian regime forces and Iranian militias fired three shells at the Conoco gas field in the Deir Ezzor area of eastern Syria and two rockets were fired at the Green Zone where the US embassy is located on Sunday evening in the aftermath of the US airstrike that killed IRGC Quds Force commander Qasem Soleimani, according to Arab reports.No casualties were reported in the Conoco attack, according to local news source Deir Ezzor 24.
Rockets Target Baghdad’s Green Area for Second Successive Night
Six Katyusha rockets fell in Baghdad, including three inside the capital’s heavily fortified Green Area housing government buildings and foreign missions, the Iraqi military said.
Iran Isn’t Trying to Build a Bomb Tomorrow. It Wants Sanctions Relief.
Iran decision to surpass uranium enrichment limits isn’t a dangerous provocation. It’s a calculated effort to get European leaders to reinforce the nuclear deal and halt the drift toward war.
Trump: Iran ‘playing with fire’ with uranium enrichment
Has the door closed on diplomacy between Iran and US?
Iran has announced on Monday it had amassed more low-enriched uranium than permitted under its 2015 nuclear deal with world powers, drawing a warning from US President Donald Trump that Tehran was “playing with fire”.
Spot Gold Support at $1,337 per ounce and Next Strong Support @ $1,324 – Gold Silver Reports
Gold Silver Reports (GSR) – Spot gold may break a support at $1,337 per ounce and fall to the next support at $1,324.
Crude Oil hits Multi-Month Lows as Downbeat Mood Persists
Brent crude fell $1.56 to a low of $52.79 a barrel, its weakest since September 2017, before rallying to trade around $53.35, down 11.5 percent on the week, by 1435 GMT.