Silver (SILVER) and gold (GOLD) are rebounding after yesterday’s declines. Investors are seeking protection and different ways to diversify capital amid the escalating US–Israel–Iran conflict and growing uncertainty across global markets.
- Signals from Washington and Tehran suggesting that the conflict will not end anytime soon have triggered declines in global equity markets.
- The ongoing shift in investor portfolios toward defensive assets could continue to support prices of both gold and silver.
- On the other hand, higher energy prices may complicate efforts by central banks to ease monetary policy; the market currently expects the Federal Reserve to keep interest rates unchanged at its March 18 meeting.
- At the same time, structural factors such as geopolitical uncertainty, unpredictable monetary policy and the need for portfolio diversification continue to support long-term demand for precious metals.
- Despite the recent rebound, gold remains volatile. Yesterday it fell by more than 4%, reaching its lowest level since February 20, mainly due to a stronger US dollar and fading expectations of interest rate cuts.
SILVER and GOLD (D1 timeframe)
Source: xStation5
Source: xStation5
BREAKING: Oil falls after NYT report on talks between Iran and the CIA regarding a suspension of military action💡
VIX struggle to rise higher despite uncertainty on Wall Street 🔎
Bitcoin jumps above $70k USD despite stronger dollar📈
OIL: prices continue to rise despite the US Navy escort proposal for ships📌
The content of this report has been created by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, (KRS number 0000217580) and supervised by Polish Supervision Authority ( No. DDM-M-4021-57-1/2005). This material is a marketing communication within the meaning of Art. 24 (3) of Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU (MiFID II). Marketing communication is not an investment recommendation or information recommending or suggesting an investment strategy within the meaning of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC and Commission Delegated Regulation (EU) 2016/958 of 9 March 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the technical arrangements for objective presentation of investment recommendations or other information recommending or suggesting an investment strategy and for disclosure of particular interests or indications of conflicts of interest or any other advice, including in the area of investment advisory, within the meaning of the Trading in Financial Instruments Act of 29 July 2005 (i.e. Journal of Laws 2019, item 875, as amended). The marketing communication is prepared with the highest diligence, objectivity, presents the facts known to the author on the date of preparation and is devoid of any evaluation elements. The marketing communication is prepared without considering the client’s needs, his individual financial situation and does not present any investment strategy in any way. The marketing communication does not constitute an offer of sale, offering, subscription, invitation to purchase, advertisement or promotion of any financial instruments. XTB S.A. is not liable for any client’s actions or omissions, in particular for the acquisition or disposal of financial instruments, undertaken on the basis of the information contained in this marketing communication. In the event that the marketing communication contains any information about any results regarding the financial instruments indicated therein, these do not constitute any guarantee or forecast regarding the future results.
