Silver Prices Surge Near Key Resistance of $30.10 Amid Global Demand and Rate Cut Expectations
September 13, 2024Silver Prices Surge as Investors Anticipate Potential Fed Rate Cuts, Could Reach $32.52
September 15, 2024Following a breakout on Thursday, gold is likely to rally towards $2,800 in phase II. A weekly close above $2,650 could push the price target even higher, possibly reaching $3,000 promptly. Silver and platinum prices are also expected to rise, bringing potential opportunities for investors. Additionally, predictions suggest that GDX and GDXJ may experience significant price increases, with targets set at $50.00 and $60.00 respectively. The overall outlook for gold prices remains bullish into late October, with fluctuations expected depending on the election outcome. Analysts anticipate a prolonged gold bull market for the remainder of the decade.