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Analysts Turn Selective on Precious Metals After Sharp Rallies

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Analysts Turn Selective on Precious Metals After Sharp Rallies
Analysts say profit booking in precious metals has shifted focus to 2026 outlooks, with gold preferred over silver due to stability, central bank demand, and clearer support levels.
Gold and silver prices have seen profit booking after a strong rally, prompting analysts to reassess medium term preferences. Experts say gold remains more attractive than silver heading into 2026 due to stronger safe haven demand, central bank buying, and lower industrial exposure. Technical analysts have highlighted key support levels, warning silver may remain volatile in the near term ahead.
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Precious Metals Cool Off as Traders Book Profits Near All Time Highs

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Precious Metals Cool Off as Traders Book Profits Near All Time Highs
Profit booking hit gold and silver after record highs, with analysts citing stretched valuations, dollar strength, and cooling momentum. Traders are now tracking support and resistance levels for short term price direction.
Gold and silver prices witnessed profit booking after hitting record highs, as traders locked in gains and momentum cooled. Analysts said elevated prices triggered selling, while a stronger dollar and easing geopolitical risk added pressure. Short term charts indicate volatility may persist, with traders closely watching key support and resistance levels to gauge whether precious metals stabilise or extend correction.
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