According to Fed Funds Futures, the market has now priced in a 40-base-Point rate in 2025. Recent statements by FED officials, including Philadelphia Fed President Patrick Harker and Governor Michelle Bowman, suggest that policy makers continue to be carefully inflation risks.
Despite any pressure from a slight recovery in the US dollar, gold remains well supported because investors weigh the chance of lower interest rates and current transitions.
Silver climb above $ 32 as investors search for stability
Silver (XAG/USD) is traded at $ 32.39, after he has briefly touched an intra-day high point of $ 32.47. The strong performance of the metal is powered by geopolitical risks and expectations of the relaxation of the FED policy.
As an important industrial and precious metal, Silver’s profit are also supported by worries about global economic uncertainty.
While Goud benefits from its safe port-attacking power, the double role of Silver has, because both a monetary and an industrial active support have offered extra support for support. Analysts note that the demand for silver in clean energy and electronics sectors remains strong, so that the price remains resilient despite wider market fluctuations.
Market front views: Important events to view
Looking ahead, traders will follow the upcoming US economic data closely, including the Empire State Manufacturing Index, which can offer new insights into economic conditions. In addition, speeches of members of the Federal Open Market Committee (FOMC) can cause volatility in the US dollar in the short term, which influences gold and silver prices in the short term.