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| Gold and Silver Ralloy |
Dovish Fed Supports Precious Metals
Gold and silver rally gained momentum as traders focused on the US Federal Reserve’s rate path. A potential balance sheet expansion of $500 billion encouraged investors to favor bullion. Meanwhile, treasury yields declined, supporting higher precious metal prices. This dovish outlook strengthened both gold and silver demand across global markets.
Silver Tops $64 Driven by Industrial and ETF Demand
Silver topped $64 per ounce as market participants priced in favorable macro conditions. Strong industrial demand, especially in solar panels, and ETF positions fueled the rally. In contrast, supply growth remains modest, keeping the market in deficit. Consequently, silver recorded its highest annual gain since 1979 alongside gold.
Global Implications for Investors and Recyclers
As gold and silver rally continues, scrap and secondary markets may see increased activity. Higher prices incentivize collection, refining, and industrial recycling. Furthermore, strategic investors track Fed policy closely, as low-rate environments favor precious metals over sovereign bonds. Therefore, market monitoring remains critical for traders and policymakers.
ScrapInsight Commentary
Gold and silver rallies reflect investor flight to safe assets amid dovish Fed signals. Expect continued volatility and rising industrial demand for silver, supporting both market growth and recycling activity. Strategic positioning will influence bullion and secondary metal flows.
