The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Precious metals rebounded as gold prices bounced off the $4,345 technical support level, while silver traded at $70.60. This recovery is driven by market stabilization following the US-Iran ceasefire and easing tensions between Iran and Israel. Investors are now focusing on technical recoveries while awaiting the FOMC decision to determine the future direction of precious metal prices.