Spot gold and silver prices fell sharply on Tuesday. Spot gold fell to $4,200, falling more than $150 or 3.6% in the day. Spot silver fell more than 6% to $49.10 in the day. XTB Chief Research Officer Kathleen Brooks pointed out that there is no clear catalyst for the sudden drop in gold and silver prices. She analyzed that the overvaluation and the signal that the US CPI data may be worse than expected together triggered the sell-off. Brooks believes that the price correction is not necessarily...
Gold and silver are likely to continue their upward trend, driven by cyclical and structural factors, according to a Citi research analysis. Structural positives include concerns about U.S. debt, the dollar's reserve currency status, and the independence of the Federal Reserve. Cyclical positives include continued weakness in the U.S. labor market, concerns about the impact of tariffs, and broader global economic growth concerns. Silver remains in a persistent physical shortage due to strong dem...
Gold and silver ignore the double-strong suppression of US dollar and US debt, and can only appear a new round of upward attack after adjustment? The downward warning of US oil has not been removed! There may be many catalysts for a pullback in US stocks in September...
The Trump team may be formulating a new strategy for dollar depreciation, tariffs are just one part of it, and the rebalancing of global foreign exchange reserves and a coordinated sell-off of the dollar will be the ultimate goal. Gold and silver are technically hesitant, and PCE data are expected to provide new guidance.
On May 21, Mike McGlone, senior commodity strategist at Bloomberg Industry Research, said that the gold-to-silver ratio usually peaks when the Federal Reserve ends its easing policy - the gold-to-silver ratio reached 100 times on May 20 and is approaching the record quarterly closing level (it reached 113 times in the first quarter of 2020). Unlike previous peaks, the current lack of a key element of Fed easing may herald a lose-lose situation for risk assets. The current gold-silver ratio (100 ...
The gold-silver value ratio has once again exceeded 100, reaching a historical extreme! What does this mean for the future trend of gold and silver?
The tariff storm is approaching, gold and silver are volatile, crude oil is stable at 71, and the market is waiting with bated breath for key details to come to fruition, or it may trigger "nuclear explosion-level" market fluctuations. How can traders deal with this global market shock?
Gold and silver Chinese New Year broke out at the same time, and bulls received rich "red envelopes". Analysts pointed out that if this condition is met, gold may replicate the 24-year rally...
Gold and silver are stepping back on the long-short divide, and whether they can maintain the rally depends on this; US oil is approaching key resistance, and there may be consolidation demand in the short term... > >
January 1st news, affected by multiple factors such as the central bank's gold buying tide, the Federal Reserve's interest rate cut and the regional situation, the spot gold and silver prices have been climbing. Gold closed up 27% in 2024, the largest annual increase since 2010. During this period, it continued to set new records and approached the $2,800 mark in October. Silver closed up 21%, hitting a more than 10-year high of $34.86, and is now hovering around $28.9 an ounce. Gold outperforme...