Markets News

Gold surged nearly $100, silver rose more than 5%, and crude oil rebounded sharply!

Gold surged nearly $100, silver rose more than 5%, and crude oil rebounded sharply!

· U.S. manufacturing activity contracted for the fourth consecutive month in May. This news is bullish for the dollar and U.S. stocks. · US media: The US has made a major reversal in its stance and will allow Iran to conduct low-level uranium enrichment. This news is bullish for crude oil. · The GDPNow model predicts a 4.6% growth rate for US Q2 GDP. This news is bullish for the dollar.

TOPONE Markets Analyst
2025-06-03 09:39:05
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