Gold prices have stabilized around $3,180 per ounce after recently falling to a one-month low. The market is waiting for signals from Federal Reserve Chair Powell’s upcoming speech and new economic data.
Despite recent losses due to expectations of fewer Fed rate cuts, gold remains up over 20% this year, supported by ETF demand, central bank purchases, and Chinese buying.
Analysts suggest gold could find support between $3,050-$3,150, but risks falling to $2,950 if this support breaks.
Original Source: Bloomberg
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Gold-Silver Ratio Hits 100:1 – A Historic Buying Signal for Silver 
