PANews
PANews|Sep 23, 2025 04:40
[Analysis: Gold's Strength Remains Unchanged, Precious Metals Bull Market Continues] Supported by expectations of U.S. interest rate cuts and a weaker dollar, gold prices have stabilized after hitting record highs. Investors are awaiting a speech from Federal Reserve Chair Jerome Powell for further policy cues. OANDA Senior Market Analyst Kelvin Wong stated that the short-term trend remains bullish, but intraday movements suggest that any short-term pullback is likely driven by technical factors. In a report, ANZ Bank noted that slowing economic growth, rising inflation, shifts in the geopolitical landscape, and a weaker dollar will keep investment demand for gold strong. As long as gold shines, investment demand will continue to drive silver prices higher.
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