Gold and Silver Price Forecast: Metals Slide as Oil Fuels Fed Fears - FXEmpire

AI desk brief

Gold and silver extended their slide as high oil prices, inflation चिंता, stronger Treasury yields, and a firmer USD kept pressure on precious metals. Spot gold is testing $4,200 support after breaking below $4,300; a failure there opens $4,000 and then potentially $3,500 on the 4-hour pattern. Spot silver slipped below $63 and now faces $60 support, with a break risking $55.

The near-term catalyst is US inflation data on Wednesday and the jobs report on Friday. Strong prints would likely push yields higher and keep both metals under pressure, while softer data could trigger a relief bounce from current support zones.