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Gold, silver face fresh test as US dollar, Iran crisis to shape week ahead: Analysts

Gold and silver are facing downward pressure as investors digest escalating US-Iran tensions, crude oil price shifts, and crucial economic data. Key indicators like manufacturing PMIs, inflation figures, and US jobs reports will shape the Federal Reserve's next moves. Analysts suggest a continued corrective trend for precious metals, with the US dollar's strength and subdued industrial demand impacting silver.

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Economic TimesLean R·2h ago
Gold, silver face fresh test as US dollar, Iran crisis to shape week ahead: Analysts
Gold and silver are facing downward pressure as investors digest escalating US-Iran tensions, crude oil price shifts, and crucial economic data. Key indicators like manufacturing PMIs, inflation figures, and US jobs reports will shape the Federal Reserve's next moves. Analysts suggest a continued corrective trend for precious metals, with the US dollar's strength and subdued industrial demand impacting silver.
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Gold, silver face fresh test as US dollar, Iran crisis to shape week ahead: Analysts

How 1 sources are covering this

Gold, silver face fresh test as US dollar, Iran crisis to shape week ahead: Analysts

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