Galaxy Futures: Short-term Gold and Silver Volatility Intensifies

Last night and this morning, the pessimistic sentiment in the U.S. stock market continued to spread, with leading technology stocks leading the decline, and the Nasdaq index falling for the third consecutive day. Meanwhile, the U.S. dollar continued its strong rebound. After experiencing intense volatility at the end of January, the gold and silver markets were already relatively fragile, and currently, they are further weighed down by the market’s risk-off mode and liquidity tightening. Silver prices have fallen below this week’s previous low, while gold has shown relative resilience, with the gold-silver ratio rising above 70. In the short term, market pessimism may still intensify, leading to significant price fluctuations in gold and silver. It is advisable to remain cautious and observe for now. (Galaxy Futures)

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