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.
Gold and silver are experiencing downward pressure amidst escalating US-Iran tensions, crude oil price fluctuations, and critical economic data releases. Upcoming manufacturing PMIs, inflation figures, and US jobs reports will guide Federal Reserve policy. Analysts anticipate a…
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