GOLD AND SILVER UNDER PRESSURE AS RECESSION RISKS AND RATE EXPECTATIONS MOUNT
GOLD AND SILVER UNDER PRESSURE AS RECESSION RISKS AND RATE EXPECTATIONS MOUNT
Gold prices have fallen to $2,950 per ounce, while silver has decreased to $28.50 per ounce, with both metals consolidating as they seek their next direction.
Escalating global trade tensions and the implementation of new U.S. tariffs have intensified concerns about a potential global recession, adversely affecting industrial demand for silver and influencing gold prices.
Speculation about the Federal Reserve's monetary policy, including potential interest rate cuts, has contributed to market volatility, impacting both gold and silver prices.
Silver's significant industrial applications make it particularly sensitive to economic downturns; reduced demand from sectors like electronics and renewable energy can lead to price declines.
Despite overall declines, gold maintains some support due to its status as a safe-haven asset amid economic uncertainties, though it faces headwinds from broader market sell-offs and investor margin calls.
Both metals are experiencing increased volatility as investors navigate a complex landscape of recession risks, changing interest rate expectations, and shifting industrial demand.
