Monday, 8 February 2021

Gold, Silver Price Forecast: Edging Higher as the US Dollar Retreats Lower

Gold and silver prices moved higher as the US Dollar eased from recent highs. Precious metal prices are backed by rising inflation expectations as fiscal stimulus appears to be down the road.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...