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U.S. data supports gold prices despite Iran pessimism, silver production soars as bar and coin sales rebound – Heraeus

Barchart·08/17/2026 11:06:06
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(Kitco News) – Recent economic data is buoying gold prices despite flagging optimism of an Iran deal, while silver production is surging even as bar and coin demand rebounds from last month’s lows, according to precious metals analysts at Heraeus.In their latest update, the analysts noted that gold prices trended steady to slightly higher last week following the prior week’s strong rally.