Precious metals show resilience as silver outshines gold
Gold demonstrated remarkable resilience in Tuesday's trading session, staging a significant recovery after experiencing substantial intraday pressure
Gold decline by as much as $75 during the session,
Gold managed to reclaim more than half of these losses by the close of trading, ultimately settling down just $23.80, or 0.54%.
Notably, the bulk of the declines in both precious metals occurred within a concentrated ninety-minute period precisely coinciding with the opening of New York markets.
The rapid rebound from intraday lows suggests the decline was driven primarily by profit-taking rather than signaling a broader correction or fundamental shift
As the precious metals market continues to evolve, the relationship between gold and silver will bear close watching as Gold/silver ration falls to 73