Bullish Trends in Gold and Silver Spark Hopes Amid Inflation Data
Gold and silver prices are gaining significant momentum following the recent US inflation data. This softer inflation outlook has driven expectations of a rate cut, putting additional pressure on the US Dollar. Investors find support for bullish technical setups based on not just the economic data but also ongoing geopolitical risks. With these factors at play, the gold market continues to look positive while also drawing attention to silver’s potential. Both metals are likely to remain in focus as more economic data is released, shaping their trajectory moving forward.