DEAR #LearnWithFatima UPDATE!
#GOLD and #Silver advanced as the U.S. dollar and Treasury yields dropped following softer December retail sales data, reinforcing signs of a cooling economy. Spot gold rose 0.7% to $5,056.82, while April futures gained 1% to $5,080.90. Silver rebounded 2.2% to $82.44 after the prior session’s sharp decline.
Treasury yields fell to near one‑month lows, increasing expectations that the Federal Reserve may have more flexibility to cut rates. Markets are currently pricing in at least two 25‑basis‑point cuts in 2026, with the first potentially in June. Lower yields reduce the opportunity cost of holding non‑yielding assets like gold, providing structural support.
Attention now shifts to the U.S. non‑farm payrolls report. Economists expect roughly 70,000 jobs added in January after 50,000 in December. A weaker‑than‑expected print could reinforce rate‑cut expectations and further support bullion, while stronger data may temper the recent rebound.#GoldSilverRally
