Phil Streible, a leading precious metals expert, shared his bullish outlook in a recent commentary. He highlighted seasonal patterns, Fed influence, and technical analysis as key factors for prices.
Willem Middelkoop, a renowned Dutch investor and author, is bullish on the precious metals market. He predicts that gold will reach $3,000 before the end of the year.
Silver's potential for growth is fueled by technical factors, economic uncertainties, and historical precedents. The technical analysis suggests a bullish outlook for both gold and silver.
Will gold hit $3,000 soon? Central banks are buying, fiat currencies are weakening. Silver is risky, industrial use makes it volatile.
Gold trades at $2,665 and silver near $32.15, driven by central bank rate cuts and strong US GDP data, boosting safe-haven demand.
Silver's potential shines amid market fluctuations. Lanci, a seasoned trader, advises investors to consider adding silver to their portfolios.
Gold prices remained steady near $2,660, while silver pulled back, reflecting market shifts amid rising U.S. dollar strength and geopolitical risks.
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