Gold rate outlook: Bullion rally may stretch this week; US jobs data, festive demand in focus; analysts warn of profit-taking
Gold and silver are poised to extend their rally this week, though late profit-taking could cap gains, analysts predict. Key global economic data, including US non-farm payrolls and Fed speeches, will guide market direction. Gold surged over 3% last week, driven by US signals and global reserve shifts. Silver outshone, climbing 9.3%, with further upside potential.
Gold and silver are poised to extend their rally this week, though late profit-taking could cap gains, analysts predict. Key global economic data, including US non-farm payrolls and Fed speeches, will guide market direction. Gold surged over 3% last week, driven by US signals and global reserve shifts. Silver outshone, climbing 9.3%, with further upside potential.
