Gold (XAU) Silver (XAG) Daily Forecast: China Stimulus Hopes and Dollar Moves Shape Market Trends

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Investors’ concerns are further reinforced by the activities of central banks. According to the World Gold Council, record central bank gold purchases in 2024 are expected to continue into 2025, supporting demand.

Furthermore, China’s economic policies, including possible interest rate cuts, could spur further gold purchases, especially as the services and construction sectors show signs of recovery.

Silver follows gold’s lead

Silver (XAG/USD) also posted gains, trading at $29.60 with an intraday high of $29.64. Often considered a more affordable alternative to gold, silver benefits from similar safe haven dynamics.

Investor interest in silver is boosted by inflation concerns and a weaker global economic outlook.

The metal’s dual role as an industrial raw material and a store of value positions it for further gains, especially as expectations for a global economic recovery materialize.

Global geopolitical risks, including escalating conflicts and concerns over nuclear programs, are key drivers behind increased demand for both gold and silver.

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