-+ 0.00%
-+ 0.00%
-+ 0.00%
Gold prices could fall to $3,900, silver to $50 as Fed tightening pressures precious metals – Sucden Financial
Share
Listen to the news
(Kitco News) - Gold prices continue to hold critical support above $4,000 an ounce, but one investment firm expects prices to head lower by year-end as the Federal Reserve is expected to maintain its tightening bias, while silver faces even greater downside risks as weakening industrial demand adds to the pressure from elevated interest rates.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending