According to reports from Jin Shi Data, analysts at ING Groep have stated that the volatility in the precious metals market may remain high in the short term. Macroeconomic uncertainties, expectations of real interest rates, and the movement of the US dollar will continue to dominate market sentiment.
Analysts point out that despite experiencing a sharp rise earlier, a pullback is inevitable, but last Friday's decline far exceeded most people's expectations. The future price direction will largely depend on the strength of investors buying on dips after last Friday's sharp drop.
