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Gold & Silver Market News — May 17, 2026, 16:10–20:10 UTC

May 17, 04:10 PM - 08:10 PM UTC

Geopolitical Tensions Rise on Multiple Fronts

Markets are monitoring escalating geopolitical risks, with reports indicating Israel's economy contracted by 3.3% in the first quarter of 2026 due to the economic fallout from its conflict with Iran. In a separate development, the United States is reportedly assessing intelligence about a potential drone attack threat related to Cuba, adding to global uncertainty.