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Is the current Gold and Silver bounce back sustainable?

From deriv.com

Gold and silver prices have mounted a strong rebound after suffering one of their sharpest sell-offs in decades, forcing investors to reassess whether last week’s collapse marked a turning point or a temporary dislocation. Spot gold jumped as much as 4% on Tuesday to around $4,820 per ounce, while silver surged nearly 8% to $85 after plunging almost 30% in a single session last week - its worst one-day fall since 1980. The speed of the recovery has shifted the narrative. What initially looked like a breakdown in safe-haven demand is now being reinterpreted as a violent reset driven by positioning, leverage, and ... (full story)

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  • Category: Fundamental Analysis