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NewsSignals AI analysis·CNBC TV18·

Why gold and silver remain under pressure despite geopolitical risks and festive buying

Grade Bbearish AI signal$XAU$XAG
Gold and silver fell in international trade as expectations of tighter US monetary policy outweighed geopolitical risks and seasonal buying support. COMEX gold futures dropped 0.34% to $4,128.50 per ounce, while silver futures declined 0.52% to $57.70, with potential Federal Reserve rate hikes and elevated energy prices adding pressure. Bullion could remain under pressure in the near term, although central-bank purchases and India's festive demand may help limit further losses.

Bullish strength: 25/100

  • Geopolitical uncertainty supports gold's safe-haven appeal.
  • Central-bank buying and India's festive and wedding-season demand could support gold prices.

Bearish strength: 75/100

  • Gold futures fell 0.34% and silver futures declined 0.52%.
  • Expectations of further Federal Reserve tightening could weigh on precious metals.
  • Elevated energy prices and persistent inflation concerns may reinforce higher interest-rate expectations.
  • A stronger US dollar and higher bond yields could reduce bullion's appeal.

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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