PANews reported on December 29th that spot silver fell as much as 8% in highly volatile trading on Monday, while spot gold retreated below $4,400 per ounce. SaumilPANews reported on December 29th that spot silver fell as much as 8% in highly volatile trading on Monday, while spot gold retreated below $4,400 per ounce. Saumil
Analysts: Gold and silver are in overbought territory, and prices will face further corrective pressure.
PANews reported on December 29th that spot silver fell as much as 8% in highly volatile trading on Monday, while spot gold retreated below $4,400 per ounce. Saumil Gandhi, senior commodities analyst at HDFC Securities, stated, "Gold and silver prices retreated from record highs on Monday as traders took profits after the record rally." Gandhi further noted that both gold and silver are in overbought territory on higher timeframes, a cautious sign indicating a need for a healthy pullback before the rally can continue. He added, "We expect gold prices to face further corrective pressure as investors adjust and rebalance positions at the end of the month and year."
Market Opportunity
SILVER Price(SILVER)
$0.000000000000332
$0.000000000000332$0.000000000000332
USD
SILVER (SILVER) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Ethereum Price Prediction: ETH Targets $10,000 In 2026 But Layer Brett Could Reach $1 From $0.0058
Ethereum price predictions are turning heads, with analysts suggesting ETH could climb to $10,000 by 2026 as institutional demand and network upgrades drive growth. While Ethereum remains a blue-chip asset, investors looking for sharper multiples are eyeing Layer Brett (LBRETT). Currently in presale at just $0.0058, the Ethereum Layer 2 meme coin is drawing huge [...] The post Ethereum Price Prediction: ETH Targets $10,000 In 2026 But Layer Brett Could Reach $1 From $0.0058 appeared first on Blockonomi.
Share
Blockonomi2025/09/17 23:45
M3 Insurance Partners with SimplePin to Modernize Financial Operations at Scale
Collaboration delivers smarter automation, improved client experiences, and scalable finance operations HOBE SOUND, Fla., Dec. 29, 2025 /PRNewswire/ — SimplePin
Share
AI Journal2025/12/30 01:45
XRPL Validator Reveals Why He Just Vetoed New Amendment
Vet has explained that he has decided to veto the Token Escrow amendment to prevent breaking things
Share
Coinstats2025/09/18 00:28