The precious metals market experienced fluctuations today. Spot silver faced a short-term sell-off, falling more than $1, currently trading around $73.24 per ounce, with the intraday gain narrowing from the morning's high to 2.4%. Meanwhile, spot gold also failed to maintain its strength, dropping over $20 in the short term, with the latest quote at $4348.42 per ounce, and the daily gain narrowing to 0.7%.



From a technical perspective, both precious metals are facing high-level pullback pressures. Although silver maintained a slight upward trend, the momentum has significantly weakened; gold's gains have also contracted considerably, and market bullish enthusiasm has diminished. Analysts believe that the precious metals market should continue to monitor the dollar's direction and the subsequent performance of global risk assets.
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DeFiChefvip
· 01-03 15:19
Oops, the dip has started again. This morning I was still feeling confident, now I'm feeling down. The pace of this gold correction is a bit rapid. Waiting for the dollar signals. Silver is really resilient, still holding on with a small increase, but the momentum is getting weaker and weaker. This high-level pullback pattern is so familiar. Not trusting the dollar or risk sentiment, purely looking at technicals feels a bit虚虚. It's either the dollar or risk assets, these two things every day. When will there be some new tricks? The DeFi pools are even more exciting. These precious metals are getting a bit boring.
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TaxEvadervip
· 01-03 01:18
It's the dollar causing trouble again, with gold and silver falling together.
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GateUser-26d7f434vip
· 01-02 17:53
Gold is being mischievous again; a 0.7% increase is really a bit disappointing.
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OldLeekMastervip
· 01-02 17:47
Here we go again. The recent pullback in gold and silver really left me speechless. They were up this morning, and now they've been hammered down again.
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FalseProfitProphetvip
· 01-02 17:44
Here comes the pump and dump again; I saw this wave was going to decline long ago.
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HallucinationGrowervip
· 01-02 17:36
It has dropped again; gold really can't hold up this time.
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TokenAlchemistvip
· 01-02 17:30
ngl the liquidation cascade in commodities rn is basically screaming market inefficiency... silver bleeding $1+ while gold can't hold? that's textbook state transition volatility, should be harvesting this arbitrage surface hard rn
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