Gold has strengthened due to a weakening dollar, and Institutions are paying attention to Trump's trade policy.
On Monday, gold prices strengthened due to a weakening dollar, with investors waiting for Trump's inauguration speech later that day to understand his policies, which are expected to provide clear information on the inflation outlook and the Federal Reserve's future interest rate decisions.
"Significantly outperform Gold"! Mining experts predict that Silver prices will experience an "explosive market."
Shawn Khunkhun, the president and CEO of the mineral exploration company Dolly Varden Silver, predicts that Silver is likely to "outperform Gold significantly," suggesting that the price of Silver is preparing for higher targets above the resistance level of $50 per ounce. Khunkhun stated that due to favorable market conditions and historical trends, Silver could reach a Target Price of $73 per ounce, establishing a foundation for surpassing Gold in the coming years.
A Global battle for Gold and Silver has erupted, beware of extreme volatility!
This is a strong premise for the "explosive" price surge.
Trump sends heavy news! Trump will do these "big things" a few days before taking office, hoping to "deter opponents."
The Financial Times of the United Kingdom reported that Trump and his senior advisers are finalizing around 100 executive orders, which he will sign in the first few days after taking office on Monday. Trump's initial measures will include restricting immigration, raising tariffs, and relaxing regulations across various sectors, from Energy to Cryptos.
Weekly Outlook: The Trump 2.0 era is about to be unveiled, will the Gold bulls finally get what they wish for?
Global attention! Trump may make a scene, can the Bank of Japan act with "hawkishness" this time? The PMI data from the US, Europe, and the UK is coming, which may add downward pressure on the Euro and British Pound; the US stock market gains another layer of "protection"...
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