Galaxy Futures: Market sentiment fluctuates, gold and silver remain under pressure

Recently, market sentiment has been fluctuating repeatedly with the development of geopolitical issues, and overall risk sentiment has suffered significant setbacks. Major global stock markets have experienced increased volatility, capital inflows have continuously pushed up the US dollar index, and short-term energy prices remaining high have caused market concerns about a rebound in US inflation. This has reduced expectations for the Federal Reserve to cut interest rates again this year. Coupled with news of the Polish central bank selling gold in the short term, gold and silver have continued to be under pressure amid multiple stresses, surpassing the support provided by safe-haven assets. Looking ahead, in the short term, continued attention is needed on the potential fluctuations in geopolitical situations and the persistence of inflation driven by rising energy prices. Gold and silver may maintain a corrective trend. ( Galaxy Futures )

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