🔥 Precious metals in the spotlight: Political tensions and economic wars are driving prices higher.
🔥 The precious metals market is witnessing rising momentum amid the dollar's declining strength, giving gold and silver more room to rise. This weakness is redirecting investors' attention towards real assets as a safer haven during uncertain times.
🔥 In contrast, increasing geopolitical tensions between the United States and Europe, against the backdrop of the Greenland issue, are contributing to heightened anxiety within the markets, especially with the growing talk of Europe potentially using its assets in America as a political and economic pressure tool.
🔥 As for monetary policy, expectations are leaning towards maintaining U.S. interest rates during the upcoming meeting, although the markets are still pricing in two possible rate cuts later this year, which is an additional factor supporting risk appetite for precious metals and keeping them in the spotlight.
🔥 You can buy stocks and precious metals from the Binance portfolio from here https://web3.binance.com/referral?ref=HF2APBMH.
