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Gold, silver price: Will precious metals continue to tank? Check outlook for today
Gold and silver price prediction today: Gold prices are seeing a bearish structure with the downtrend in place. Silver prices are trading cautiously, though with a negative bias, says Abhilash Koikkara, Head - Forex & Commodities, Nuvama Professional Clients Group.
Bullion movement: Gold prices to track US–Iran peace talks, Fed signals and key data releases this week
In the upcoming week, gold prices will be shaped by developments in US–Iran peace negotiations, movements in crude oil rates and a series of macroeconomic data releases. Analysts have said that speeches by officials of the US Federal Reserve could also play a key role in shaping interest rate expectations, which in turn may guide the near-term direction of bullion prices. "Momentum for precious metals such as gold and silver still looks sideways to corrective," Pranav Mer, Vice President,...