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Gold Safe Haven Bid Returns After Nine-Day Selloff
Gold steadied after its sharpest weekly drop since 2011. Spot prices climbed roughly 2% Wednesday, recovering to around $4,568 per ounce. Futures pushed above $4,500. Silver also bounced. Spot silver rose nearly 4% to around $74. After nine consecutive days of decline, both metals are finding buyers again. The pullback had been brutal. Gold fell 21% from its January high of $5,594—officially entering bear market territory. But analysts aren’t panicking. UBS raised its target to $6,200. BNP Paribas and Global X both see $6,000 by year-end. J.P. Morgan projects $5,400 by late 2027. Yardeni Research still expects ... (full story)
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- Mar 25, 2026 2:55pm Posted byFundamental Analysis146
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