Gold futures rose on technical buying as dip buyers returned.
Gold futures rallied over 1.9% to trade back above $4,150 per ounce, supported by technical buying, expanded long positions, and ETF inflows despite geopolitical hostilities. Traders continue to monitor energy prices and U.S. economic data for signals on Federal Reserve policy. Silver futures rose more than 2.5% past $60 per ounce alongside Gold futures momentum. Meanwhile, Copper futures pulled back from recent highs, though tight physical supply, surging Chinese import premiums, and global warehouse withdrawals provide underlying support.
Gold futures rallied over 1.9% to trade back above $4,150 per ounce, supported by technical buying, expanded long positions, and ETF inflows despite geopolitical hostilities.
Traders continue to monitor energy prices and U.S. economic data for signals on Federal Reserve policy.
Silver futures rose more than 2.5% past $60 per ounce alongside Gold futures momentum.
Meanwhile, Copper futures pulled back from recent highs, though tight physical supply, surging Chinese import premiums, and global warehouse withdrawals provide underlying support.