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Gold and silver investors beware: Thursday may bring volatility

Sözcü Ekonomi

Gold and silver markets are expected to see significant movement on Thursday. Experts are warning investors about potential price fluctuations. This volatility may be driven by global economic data and central bank decisions. In particular, US inflation data and interest rate expectations will determine the direction of precious metals. Investors are advised to review their positions ahead of Thursday.

Gold prices have been trading sideways in recent weeks, while silver has shown a more volatile pattern. Geopolitical risks and changes in the dollar index directly affect these two metals. The US jobless claims and durable goods orders data due on Thursday could set a new direction for markets. Additionally, economic stimulus news from China could boost silver demand.

According to technical analysis, the $2,000 level for gold stands out as a critical resistance point. A break above this level could trigger a new uptrend. For silver, the $25 level is being watched as an important support. If this level is not maintained, selling pressure may increase. Investors need to closely monitor these technical levels.

Central bank gold purchases are also a significant factor in the market. In particular, reserve increases by the central banks of China and India support gold prices. Silver benefits from industrial demand; growth in the green energy and electronics sectors is increasing the need for silver. On Thursday, besides these fundamental factors, speculative trading could also affect prices.

In conclusion, gold and silver investors should be cautious on Thursday and be prepared for sudden price movements. Experts recommend using stop-loss orders and diversifying portfolios. Due to market uncertainties, risk management should be prioritized in short-term trading.

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