Quote on Gold & Silver outlook by by Hareesh V, Head of Commodity Reserach, Geojit Investments Limited
Below the Quote on Gold & Silver outlook by by Hareesh V, Head of Commodity Reserach, Geojit Investments Limited
"The US Federal Reserve’s decision to cut key interest rates by 25 bps to 3.50%-3.75% amid persistent inflation has reinforced bullish sentiment in precious metals. Lower rates reduce the opportunity cost of holding non-yielding assets like gold and silver, attracting fresh investment flows. With bullion already at record highs, this policy shift adds momentum to the rally, as investors seek safe-haven assets amid economic uncertainty and inflationary pressures.
Additionally, the post-cut weakening of the US dollar further supports gold and silver prices, as a softer greenback makes these metals more affordable for global buyers. The sharp rally in bullion is underpinned by structural supply deficits, robust industrial demand for silver, and sustained ETF inflows. Technical breakouts above long-standing resistance levels have amplified buying interest, while geopolitical risks and inflation hedging continue to fuel long-term bullish outlooks despite short-term volatility."
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