Precious metals remained under pressure as traders looked past geopolitical tensions following a 4% rise over three sessions. Market focus shifted to economic data, specifically the December jobs report where unemployment is expected to rise to 4.7%. This potential increase could impact Treasury yields and the U.S. dollar, providing tailwinds for Gold futures. Meanwhile, Silver futures experienced significant volatility with an 8.5% intraday swing. Traders are watching for a close over 82,670 on rising volume to support further gains.
Learn More About Trading Futures and Options at CME Group: https://www.cmegroup.com/markets/metals.html
#gold #silver #futures
Learn More About Trading Futures and Options at CME Group: https://www.cmegroup.com/markets/metals.html
#gold #silver #futures