Gold and Silver Face Pressure: Is China’s Stimulus Affecting Precious Metals?
Gold prices hover around the $3,000 mark as expectations for Federal Reserve rate cuts rise. Simultaneously, silver fights against resistance near $34. Analysts suggest that market sentiment and technical levels could determine future movements in these precious metals. Keeping an eye on Chinaโs economic policies could provide further insight into how the gold and silver markets react in the coming weeks. Traders are encouraged to stay updated on these dynamics.