Gold and Silver Prices Recover Following Previous Session's Steep Decline: Analyzing the Factors
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Gold, Silver Rebound After Sharp Selloff: What's Driving the Move?
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CNBC TV18•20-03-2026, 07:42
Gold, Silver Rebound After Sharp Selloff: What's Driving the Move?
•Gold and silver prices saw a significant rebound on Friday, March 20, recovering from a steep decline in the previous session.
•On COMEX, gold rose 1.8% to $4,688.50 per ounce, while silver outperformed with a 4.57% gain to $74.47 per ounce.
•The rebound is attributed to easing crude oil prices and shifting geopolitical signals, which temper inflation expectations.
•Despite the recovery, macroeconomic pressures like inflation concerns, hawkish central banks, rising bond yields, and ETF outflows continue to influence volatility.
•Analysts predict continued volatility in precious metals, with prices sensitive to interest rate expectations, inflation trends, and geopolitical developments.
