Phil Streible, Chief Market Strategist at Blue Line Futures LLC, highlights the potential impact of this escalating conflict on the precious metals market.
Gold prices rebound over 1.6% as dollar rally pauses, with analysts watching Fed comments. Market volatility expected as year-end approaches; precious metals show resilience amid uncertainty.
Goldman Sachs Forecasts Gold to Hit Historic $3,000 Mark Amid Central Bank Buying Spree
Gold, silver drop as interest rates likely to remain elevated, dollar continues to strengthen
Renowned economist James Rickards predicts gold could soar to $23,000 per ounce. In a recent interview, he warned of a potential global financial crisis.
Gold Stumbles but Doesn't Sink After Trump Re-Election, JPMorgan Sees Staying Power
Trump’s win, crypto-friendly stance propels digital currency to all-time highs
Could the split in prices be showing signs of a weakening economy?
Gold's current bull market has lasted 105 weeks with a 64% return, well below the historical average of 250%. Given past trends, gold prices may have more room to rise as uncertainties persist.
Silver takes the brunt of the damage as investors consider policies suggested by former president; trading volumes skyrocket