Gold Shines as Investment Banks Maintain Bullish Stance Amidst Silver's Caution
Major investment banks, including UBS, Goldman Sachs, and Bank of America, are reaffirming their bullish outlook on gold. The precious metal continues to draw strong support, driven by robust central bank purchases and steady inflows into Exchange Traded Funds (ETFs). Analysts consider typical pullbacks of 5-8% as healthy corrections within gold's overall structural uptrend, solidifying its position as the preferred safe-haven asset.
Meanwhile, silver faces increased caution from investors despite reported supply deficits. Concerns over extreme price volatility, tight liquidity in the London market, and potential weakness in industrial demand are contributing to a more reserved sentiment. Recent sell-offs suggest silver may require more attractive price points to offset these heightened risks, diverging from gold's consistently strong appeal.
