Precious metals saw short-term pressure following President Donald Trump’s nomination of Kevin Warsh as the next Fed Chair 🏛️📉, alongside position-trimming ahead of the weekend. But beneath the surface, the long-term story for gold and silver remains firmly intact.
💬 Deutsche Bank remains confident:
✨ Gold’s core investment drivers are still positive
🔒 Investor rationale for holding gold has not changed
📊 Current conditions do not signal a sustained reversal in prices
🕰️ Today’s setup is very different from gold downturns seen in the 1980s and 2013
🏦 Barclays echoed a similar view:
⚠️ Yes, technicals look overheated and positioning is stretched
🛡️ But the broader bid for gold remains resilient
🌍 Geopolitical risks, policy uncertainty & central bank reserve diversification continue to support demand
🥈 Silver: Bigger Swings, Bigger Drama 🎢
Silver’s price action has been far more volatile due to:
📉 A smaller market size
⚡ Higher volatility
👥 Heavier retail investor participation
🗣️ According to Zavier Wong (eToro):
📊 Speculative positioning has amplified short-term moves
💭 Retail-heavy flows make silver highly sensitive to sentiment
❗ But blaming speculation alone is too simplistic
🏭 The Real Silver Story: Industrial Demand 🔋🤖
🔹 Strong demand from data centers & AI infrastructure
☀️ Massive growth from solar photovoltaics
📈 Global silver demand projected at 48,000–54,000 tonnes/year by 2030
⛏️ Supply expected to reach only ~34,000 tonnes
📉 Meaning just 62%–70% of demand may be met
🌞 Solar sector alone:
⚡ 10,000–14,000 tonnes annually
🌍 Up to 41% of total global supply
🧠 Bottom Line:
Silver may have run ahead of itself, but its fundamental demand hasn’t disappeared. As Wong puts it, this kind of overextension is something silver has always done during strong bull phases. 💥📈
Gold stays steady. Silver stays wild.
But the precious metals story is far from over. ✨🥇🥈
#GOLD_UPDATE #GOLD #SilkRoadSaga #VitalikSells #xAICryptoExpertRecruitment
