During recent trading, gold prices continued to decline and after hitting an all-time high, there was a notable change, hitting below $4,900.
silver loss
In the same situation, the price of silver fell by approximately 22% to below $90, affected by the correction seen in the metals market.
previous profits
The two metals have seen significant price increases in recent periods due to growing economic concerns and rising global tensions, driving demand from investors.
safe haven
Gold, along with silver, is considered one of the most prominent safe-haven assets in times of uncertainty as it has witnessed strong demand by investors looking to hedge and protect their wealth.
natural correction
Analysts believe that the current decline is within the framework of profit-taking and correction operations after a sharp rally, as the market awaits future changes in the global economy.
During recent trading, gold prices continued to decline, hitting levels below $4,900, marking a notable change after hitting an all-time high.
silver loss
In the same situation, affected by the correction that occurred in the metals market, silver prices fell by about 22%, reaching a level below $90.
previous profits
The two metals had seen strong gains over the past period as growing economic uncertainty and rising global tensions increased demand from investors.
safe haven
Gold, along with silver, is considered one of the key safe-haven assets in times of uncertainty due to strong demand from investors looking to hedge and protect their wealth.
natural correction
Analysts believe the current decline is within the framework of profit-taking and correction after a sharp uptrend, as the market awaits future changes in the global economy.
