Will A Rate Freeze Impact Gold and Silver?

Gold’s rally may have cooled from its frenetic start to the year, but the structural forces underpinning the precious metals market remain firmly in place — and increasingly favor the yellow metal over silver, according to one market analyst. In an interview with Kitco News, Nitesh Shah, head of commodities and macroeconomic research at WisdomTree, said ...

Gold (XAU/USD) trades with a mild upside bias on Thursday but remains confined within this week’s trading range as markets stay cautious ahead of key geopolitical developments. At the time of writing, XAU/USD trades at $5,174 as bulls struggle to sustain gains above the $5,200 level. The sideways price action reflects a lack of conviction among traders. ...

The gold market continues to struggle to hold gains above $5,200 an ounce, and while prices still have the potential to move higher by year-end, one bank expects further consolidation through the spring. Although gold prices are encountering some near-term resistance, the market is looking to end the month on solid footing as prices have recovered from the ...