Market Analysis
Recent data shows the decline in spot gold prices has narrowed to 2.99%, trading at $5253.02 per ounce, while silver prices fell 3.78%, at $112.28 per ounce.
Key Influencing Factors
Recent global economic conditions and monetary policy adjustments have significantly impacted the precious metals market. Easing investor concerns have contributed to the narrowing price declines for both gold and silver.
- Gold prices show stronger resilience
- Silver prices also demonstrate some stability
- Market sentiment is shifting from bearish to neutral