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Gold and Silver Prices Decline as Central Banks Prepare for Key Policy Decisions This Week
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Gold, Silver Prices Slip as Central Banks Eye Key Decisions, Geopolitical Tensions Mount
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CNBC Awaaz
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16-03-2026, 09:00
Gold, Silver Prices Slip as Central Banks Eye Key Decisions, Geopolitical Tensions Mount
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Gold and silver prices declined on Monday, March 16, with gold futures falling to $5,005 and silver to $79.605 per ounce on COMEX.
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Prices were pressured by a strong US dollar and investor caution ahead of major central bank policy announcements this week.
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Geopolitical tensions from the Israel-Iran War continue to impact global markets and keep oil prices high, increasing inflation uncertainty.
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Federal Reserve, ECB, and Bank of England are expected to keep interest rates stable, but future policy signals are keenly awaited.
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Analysts foresee continued market volatility; strong dollar and high crude may delay rate cuts, while safe-haven demand offers some support.
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