With the US Federal Reserve signaling a more aggressive stance towards monetary policy, a solid price pressure has been witnessed in precious metals, specifically gold and silver. Economic authorities are speculated to tighten their grip to combat inflation, hence driving precious metal prices under significant pressure. The discourse from the Fed is expected to mold the market scenario in the coming times.
In this scenario, the resilience of investors and the strategic response of the market are likely to dictate the trends in the precious metals’ market. Strategies revolving around hedging against potential losses could see an uptick as market participants rally to safeguard their interests. The market’s response to the hawkish stance of the Fed is expected to be pivotal in determining the trajectory of gold and silver prices. Read More
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