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METALS OUTLOOK: Gold Seen Steady To Higher Next Week After Recent Weakness

Gold prices are expected to generally trade steady to higher next week after recent weakness, but in general market participants aren’t expecting strong gains.


Silver will likely remain extremely volatile which keeps traders in a wait-and-see mode.
June gold futures on the Comex division of the New York Mercantile Exchange settled at $1,493.60 an ounce, up 0.134% on the week. July silver settled at $35.013 an ounce, down 0.776% on the week.

silver will struggle to recapture the recent highs near $50 and will likely have trouble at $40.
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