Gold, Silver Ease After Record Highs; Focus on UK, Eurozone GDP | Metals Mine

  • Gold, Silver Ease After Record Highs; Focus on UK, Eurozone GDP

    From atfx.com

    Strong U.S. retail sales in November highlighted the resilience of the U.S. economy, though ongoing labour-market weakness could still weigh on consumption. The Federal Reserve’s Beige Book showed that economic activity increased across most districts, while employment conditions remained broadly unchanged in recent periods. U.S. equities closed lower on Wednesday, with the Nasdaq leading the declines as technology stocks weakened and investors rotated toward more defensive sectors. Bank stocks extended recent losses after several lenders reported mixed quarterly earnings. The Dow Jones Industrial Average slipped ... (full story)

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ZforexCM
Jan 15, 2026 1:15am
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Precious Metals Lose Momentum

Gold settled near $4,590 on Thursday as profit-taking and easing tensions in Iran reduced safe-haven demand. Trump’s comments on subsiding unrest provided a reprieve from geopolitical anxiety. Technical support sits at $4,570 (S2: $4,490, S3: $4,300) with resistance at $4,620 (R2: $4,642, R3: $4,700).

Silver tumbled 5% below $89, retreating from record highs after Trump paused plans for new critical mineral tariffs in favor of bilateral negotiations. This delay eased the supply chain fears that previously fueled the rally. Technical support is near $85.95 (S2: $84.00, S3: $82.50) with resistance at $88.90 (R2: $90.00, R3: $92.50).
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dodangminh
Jan 15, 2026 7:57am
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Gold and $4000
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