Gold price and silver price pop ahead of Jackson Hole

The precious metals sector has seen a turnaround this week as markets continue to calibrate for Jerome Powell's keynote

[{"selector":"#anim-6afae886-337d-4ef6-95d7-935e8c8f2f29 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

The Federal Reserve Chair will be speaking later today and it is widely expected that he may clarify some aspects about how interest rate hikes

[{"selector":"#anim-4aadd62a-6113-4142-801f-e8b60e86665f [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

which would likely cause prices of gold coins like Gold Eagle or American Eagle piece

[{"selector":"#anim-879dd813-577c-4fe5-815e-2f8393285bd8 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

Gold and silver prices surged on Tuesday as the U.S dollar index retreated from 20 year highs

[{"selector":"#anim-e680720f-e82a-40d7-b60f-a785958429f6 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.249999886225726%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}]

with bargain-hunters coming in after last week's selloff to take advantage of lower commodity values

[{"selector":"#anim-d272110b-7976-406f-aa89-fc97a432f394 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

that are being driven by tepid economic growth globally due largely President Trump’s steel and aluminum import

[{"selector":"#anim-4ddd480f-5949-4238-8524-0c263325c650 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

tariffs which haveBenchmark Brent crude futures ticked up 0.49% at $63/b

[{"selector":"#anim-766e2cca-6034-4c0f-9bb2-098f2c464ef0 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(3.1591322112586334e-7%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}]

while Nymex Henry Hub natural gas rose 2 cents higher than prior levels above $2 per mmBtu

[{"selector":"#anim-62bd8367-24d3-4b54-a1cf-b830f6686306 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

As traders digested recent developments surrounding trade war between United States + allies Europe Union Canada Mexico A

[{"selector":"#anim-c26471f7-8a6c-4779-9088-8ae5fa99c87b [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(18.20000068001214%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]