What are the key factors behind the sudden fluctuations in gold and silver prices?
🔲 We all know that when the world moves toward an uncertain future, gold and silver are considered safe-haven assets. Usually, when there is a possibility of a major war or when a conflict actually begins, the prices of gold and silver tend to rise We all know that when the world moves toward an uncertain future, gold and silver are considered safe-haven assets. Usually, when there is a possibility of a major war or when a conflict actually begins, the prices of gold and silver tend to rise Continues. As long as there is no sign of the war ending, their prices are generally expected not to fall. Reasons: ◑ Gold and silver have real intrinsic value. ◑ They are considered safe assets. ◑ They are more reliable compared to paper currencies. However, why are we seeing the opposite this time? ◻️ Apart from war, the prices of gold and silver are also influenced by the US dollar, politics, and market manipulation. ✔️ When the US Federal Reserve lowers interest rates, the value of the d...