[MARKET UPDATE] Precious metals claw back most of their earlier losses with spot silver nearly flat for the session after rebounding from a 9% dip, while spot gold is also well off today's worst levels

Precious metals claw back most of their earlier losses with spot silver nearly flat for the session after rebounding from a 9% dip, while spot gold is also well off today's worst levels.

The recovery in precious metals, particularly silver bouncing back from a significant 9% dip, indicates a shift in market sentiment and potential demand dynamics. Although silver remains nearly flat for the session, gold similarly has found some strength, suggesting that buyers may be re-entering these markets after initial sell-offs, which can influence inflation expectations and broader risk sentiment.