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Gold and Silver Prices Drop Over 2% – Analysts Reveal Fresh Targets and Outlook
Gold and Silver Prices: Gold futures dropped to ₹121,400, while silver futures hit ₹145,080. Despite recent declines, both metals have seen significant gains this year, with gold up 60% and silver up 67%.
Investors Turn to Gold as Geopolitical Risks Mount Between US, China, and Russia
Gold Prices (XAUUSD) fluctuates within a tight range on Thursday, consolidating after a sharp correction from historic highs. At the time of writing, XAUUSD is trading around $4,150, edging modestly higher after two days of declines as safe-haven demand remains supported amid a mix of economic jitters and geopolitical tensions.
Metal Meltdown: Gold and Silver See Sharpest Fall in Years
Gold and silver saw their steepest selloff in years as investors locked in profits on concern that the recent historic rally in the precious metals left them overvalued.
Gold Price Alert: $4,000 Support Under Threat as Market Pressure Mounts
Gold Price Alert: Gold bounced up after reaching the target of a Double Top pattern, at $4,005 on Tuesday, but upside attempts have been halted way below previous support, at $4,185, which leaves the immediate bearish trend intact and the $4,000 support area at a short distance.