Gold's bullish future: Rising inflation and central bank demand are key drivers, not recession fears. Discover why analysts predict gold prices will soar by 2025, debunking common misconceptions.
As equities tumble and tech stocks face heavy losses, gold remains under pressure near $2,500. Silver, boosted by Chinese demand, shows resilience.
Despite weak US PMI, gold and silver see significant drops, with gold down 0.50% and silver 2%.
Though the volume of purchases has dropped slightly as the price of gold continues to rise, the World Gold Council reports another month of buying among the world’s central banks.
Silver, often referred to as a "restless metal," has a reputation for confounding both bulls and bears with its unpredictable movements.
Noting an increase in parabolic moves, one commodities investor is sticking with gold and silver to see what happens
Gold falls below $2,500 support, with silver sliding under $29. Strong U.S. data fuels bearish sentiment in precious metals.
Watch gold at $2,527 and silver at $29.75 for potential breakouts that could define the next bullish trends.
Gold: More Than Just a Fear Asset
Precious metals draw down slightly after jobs data comes on consensus. Volatility likely to be lower as U.S. heads into holiday weekend.
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