Published on
20/08/2026 - 14:36 GMT+2
Precious metals have become one of the standout trades of the month, clawing back losses suffered earlier in the year, silver even more sharply than gold.
Gold touched an all-time high of $5,598 an ounce on 28 January, before a sharp pullback during the year dragged it down to around $3,942 by end of June, a decline of roughly 30% from its peak.
Since that low, the metal has rebounded with the bulk of the move happening in August, and is trading around $4,466 at the time of writing. As it stands, gold is up 11% this month and 3.6% year-to-date.
