Gold falls below $2,500 support, with silver sliding under $29. Strong U.S. data fuels bearish sentiment in precious metals.
Robust U.S. data, highlighted by Chicago PMI and Core PCE, strengthens the dollar, pressuring gold and silver prices.
Gold prices rebound as U.S. GDP exceeds expectations, while a 5.5% drop in pending home sales pressures the market. Silver rises, bolstered by Vizsla’s high-grade discovery.
Watch gold at $2,527 and silver at $29.75 for potential breakouts that could define the next bullish trends.
Gold prices falter under a strong dollar, while silver's fate hinges on upcoming Fed decisions.
Gold is surging toward record highs as Fed Chair Powell's dovish remarks fuel investor confidence in a potential rate cut, boosting safe-haven demand.
Global bank releases note suggesting $3,000 an ounce spot price of gold within the next 12 months
Cash flows into U.S. money markets as investors prepare to deploy assets following expected rate cuts
Reserve banks are adding gold in large quantities. A Bank of America analyst says you should be doing the same thing.
As gold surges near $2,510, market sentiment shifts ahead of Powell’s Jackson Hole speech. Will the bullish momentum hold? Key insights inside.