BREAKING: Gold & silver prices PLUMMET due to holiday market closures in the US & China. Lower liquidity and a strengthening US dollar pressured prices. Spot gold FELL 0.7% to $5,007.70/ounce.
Economic data creates rate cut uncertainty , impacting investor sentiment. The metals outlook depends on Federal Reserve decisions and inflation. Analysts lowered gold price targets; future direction hinges on dollar strength. Silver’s decline is linked to strong economic signals. Investors must watch Fed policy and currency shifts . Precious metals remain sensitive to economic changes .
