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April 23, 2025

Gold and Silver Prices Stagnate Ahead of Key Global PMI Data

Gold and silver have entered a sideways trading pattern as investors remain cautious. Many are closely watching U.S. rate cut speculation, dollar weakness, and important upcoming economic data for market direction. This stagnation indicates that precious metals may not experience significant movement until clarity emerges regarding the broader economic conditions. Traders must stay alert and adjust their positions as new data becomes available.

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