Gold prices consolidate as silver drops sharply
pre-market1 source ↓written by the desknot a recommendation
- from its peak
- 14% decline
Gold prices are expected to consolidate for the third consecutive week starting 03 Nov 2023, as traders monitor key macroeconomic indicators and the US Supreme Court's tariff hearing on 05 Nov. Silver has seen a 14% decline from its peak, raising concerns about market sentiment. Traders should watch PMI data and US employment figures for potential impacts on bullion prices.
Not investment advice. For informational purposes only.