Gold rate outlook: Festive demand, Fed cuts and global risks keep gold prices firm; silver rallies faster
Gold prices are expected to remain strong, driven by Asian festive demand, potential monetary easing, and geopolitical tensions. Analysts are closely monitoring upcoming US-India and US-China trade talks, along with key US economic data. Silver is outperforming gold, fueled by industrial demand from sectors like solar panel manufacturing and electric vehicles, potentially reaching new highs.
Gold prices are expected to remain strong, driven by Asian festive demand, potential monetary easing, and geopolitical tensions. Analysts are closely monitoring upcoming US-India and US-China trade talks, along with key US economic data. Silver is outperforming gold, fueled by industrial demand from sectors like solar panel manufacturing and electric vehicles, potentially reaching new highs. What's Your Reaction?
