First published by Money Metals Exchange here: https://www.moneymetals.com/news/2023/08/25/market-conditions-report-more-nations-invited-to-contra-dollar-alliance-fed-news-turbulence-looms-002812
<p><img src='https://www.moneymetals.com/uploads/content/market-conditions-report-more-nations-invited-to-contra-dollar-alliance-fed-news-turbulence-looms-social.jpg'/></p>Precious metals bulls this week reversed the recent downturn in gold and silver prices, and silver rallied almost $1 yesterday. The relative strength in silver offers an encouraging sign that seasonal lows for the precious metals space have already been reached.