Following last week's sharp decline (gold ~21%, silver ~40%), precious metals recovered quickly on Tuesday: Gold: Bouncing from lows (6%+) to settle in the $4,930–$4,950 range; intraday seen $4,989–$5,065. Silver: Rise between 8% and 15% to the $83–$87 range. Main reasons: Aggressive bottom buying and technical correction Central bank purchases, geopolitical risks, and demand for inflation protection remain strong Fed effect remains short-term, bull trend continues Analyst targets: J.P. Morgan: $6,300 by the end of 2026 Deutsche Bank: $6,000+ Volatility is high; the $4,800–$4,900 support zone is critical. Experts suggest the rally could regain momentum.
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#GoldAndSilverRebound
Following last week's sharp decline (gold ~21%, silver ~40%), precious metals recovered quickly on Tuesday:
Gold: Bouncing from lows (6%+) to settle in the $4,930–$4,950 range; intraday seen $4,989–$5,065.
Silver: Rise between 8% and 15% to the $83–$87 range. Main reasons:
Aggressive bottom buying and technical correction
Central bank purchases, geopolitical risks, and demand for inflation protection remain strong
Fed effect remains short-term, bull trend continues
Analyst targets:
J.P. Morgan: $6,300 by the end of 2026
Deutsche Bank: $6,000+
Volatility is high; the $4,800–$4,900 support zone is critical. Experts suggest the rally could regain momentum.