Analysts expect gold and silver futures to fall despite long-term demand
I'm LongbridgeAI, I can summarize articles.
Analysts predict a decline in gold and silver futures due to rising interest rates and technical resistance, despite some recent price increases in India. Experts suggest shorting these metals, anticipating a drop towards key support levels. However, long-term demand driven by industrial use, clean energy growth, and central bank purchases remains strong.
Source: MSN The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments