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Market Impact: 0.28
Gold (XAU/USD) & Silver Price Forecast: Lower Yields Support Metals Before PCE
Source: fxempire.com
InflationInterest Rates & YieldsEconomic DataGeopolitics & WarEnergy Markets & Prices
Gold and silver are trading ahead of the U.S. PCE release and Kevin Warsh’s Jackson Hole speech. The setup is supported by lower Treasury yields and easing Iran-related risks, which are improving the near-term precious-metals outlook. Near-term direction likely hinges on how the PCE data and policy commentary shift expectations for inflation and rates.
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