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2025-06-27 18:43:00 admin

Gold and Silver Prices Hold Steady in Consolidation Phase Ahead of Key US PCE Inflation Data Release – Technical Analysis

Key Points:Gold (XAU/USD) consolidates above the $3,300 support level.Silver (XAG/USD) finds support near $35.30 and looks poised to move higher.US Dollar Index (DXY) continues to decline below the 98 support level.Gold (XAUUSD) pulled back on Thursday despite ongoing weakness in the US Dollar. The retreat came as traders shifted focus toward risk assets, driven by a bullish mood in global equity markets. The recent rally in US equity indices has led to limited demand for safe-haven assets, such