Gold and Silver Forecast: Dovish Fed Outlook Tempering Pressure
Despite pressures from a strengthening US Dollar, the outlook remains cautiously optimistic for gold (XAU/USD) and silver (XAG/USD). Recent geopolitical tensions and forecasts for potential rate cuts have provided support to both precious metals amid rising dollar momentum. Traders should pay close attention to market developments, as these factors could influence future price movements and opportunities. Staying abreast of economic and geopolitical factors will be essential for navigating the precious metals market effectively in the coming weeks.