Gold Holds Ground as Traders Track US Inflation Data; Silver Braces for Volatility: Analysts

Gold holds ground as traders track US inflation data; silver braces for volatility: Analysts

New Delhi, Feb 8 (PTI) Gold prices are likely to trade firm next week as traders await key economic data, including US inflation numbers, for fresh cues on interest rate outlook, while silver may remain volatile amid shifting risk sentiment and speculative activity, analysts said.Traders will look for cues from US GDP, PMI, non-farm payroll and inflation data. Also, inflation readings from China, Germany, and India will also be keenly watched. S…

Gold And Silver Price Plummets Don’t Worry Analysts—Here’s Why

By Conor Murray – Forbes After a historic, months-long rally, gold and silver faced a stunning price drop late last week after President Donald Trump picked Kevin Warsh to lead the Federal Reserve—but analysts say the dip isn’t indicative of a long-term decline and prices could soon recover.