Tag: Precious Metals Market Analysis
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Short-term market analysis: Gold weakens and Silver strengthens as anticipation builds for U.S. CPI data – KITCO
In the light of recent market movements, it’s evident that the gold rates have shown a weakening trend while its counterpart, silver, is standing firmer. As investors readily await the U.S. Consumer Price Index (CPI) data, anxieties run wild. Historically, inflation data has had a significant sway over these precious metal prices and this time…
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Gold, Silver Price Trend Analysis – Expert Opinions | livemint.com
Experts and analysts from across the globe have been rigorously observing the market trends in the precious metals sector. With recent fluctuations in the prices of gold and silver, the question on everyone’s mind seems to resonate ‘Are gold, silver prices likely to fall further?’. nnThese analysts opine that the looming global economic uncertainties, prospective…
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Silver Price Forecast: Stuck Below $32.50, Sorted by the 50-day EMA – FXStreet
In the precious metals market, silver remains a focal point, with the XAG/USD still languishing below the $32.50 marker. Although the commodity has seen a barrage of fluctuations recently, the resilience of the 50-day Exponential Moving Average (EMA) can’t be overlooked. This key technical indicator continues to provide significant support to the silver price, thereby…