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Gold Price Analysis July 10: Central Bank Buying Surge

From gainesvillecoins.com

Gold trades at $3,315.58 per ounce on July 10, 2025, reflecting a modest 0.06% daily gain while silver outperforms at $36.69, up 0.86%, as both metals navigate complex technical patterns amid record central bank purchases and escalating trade tensions. Central banks acquired a record 244 tonnes of gold in Q1 2025, marking the strongest first quarter on record, while silver faces its fifth consecutive year of supply deficit with industrial demand approaching 700 million ounces annually. The precious metals complex shows mixed technical signals with gold testing key resistance near $3,320 while maintaining its ... (full story)

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