Robust U.S. data, highlighted by Chicago PMI and Core PCE, strengthens the dollar, pressuring gold and silver prices.
Watch gold at $2,527 and silver at $29.75 for potential breakouts that could define the next bullish trends.
Precious metals draw down slightly after jobs data comes on consensus. Volatility likely to be lower as U.S. heads into holiday weekend.
Bearish sentiment dominates Gold and Silver as both metals struggle to hold crucial support levels. Will $2,500 and $29.39 trigger more selling?
Well-known investor says he is holding cash hoping for a chance to invest when asset prices drop. He’s eyeing gold and silver, but not quite ready to pull trigger
In understanding what's happening in the gold and silver markets, it's helpful to think about the reasons why investors around the globe continue to purchase precious metals.
Samsung's silver solid-state Silver Battery Breakthrough Promises Faster Charging, Longer Range, and Lower Costs
Gold and silver are gaining momentum, with gold near $2,515.83 and silver at $30.02, both approaching critical resistance levels that could trigger further gains.
Silver is surging as India’s insatiable demand rockets prices toward the critical $30 threshold, setting the stage for a potential breakout.
Analysis of the silver market highlights why the $27.59 per ounce level is critical for understanding its future direction in 2024.