Market Update Gold (XAU) and silver (XAG) prices closed flat on February 24, 2026, with no significant price movement for either metal. Gold settled at $5161.30, while silver remained unchanged at $587.85. Technical Analysis: Gold (XAU) The lack of movement in gold prices suggests a pause in the ongoing trend reversal we have been tracking since January. The metal's inability to break above its 50-day moving average ($5193.15) indicates potential resistance from the short-term mean reversion phenomenon. However, we still view this as an opportunity for bulls to accumulate at current levels. Macro Analysis: Gold (XAU) The lack of inflationary pressures in recent data releases has kept the gold price contained. The Federal Reserve's continued dovish stance on interest rates and monetary policy is also a supporting factor for the metal. Nevertheless, we cannot ignore the subtle rise in Treasury yields over the past week, which may weigh on gold prices if it persists. Inflati...
Metal Markets Hold Steady Amid Global Turmoil Today's gold and silver prices have remained unchanged, with both metals trading within a narrow range. This stability is an indication of market participants awaiting clearer signals from global economic indicators before making significant moves. Metal Price (USD) Change % Change Day High Day Low Gold (XAU) 5173.60 0.00 0.00% 5225.34 5121.86 Silver (XAG) 588.08 0.00 0.00% 593.96 582.20 Gold Analysis Technical Perspective The gold price has maintained a relatively stable trend line over the past few weeks, with support at around $5115 and resistance near $5250. The RSI is currently sitting at 50, indicating neither overbought nor oversold conditions. This suggests that any potential breakouts or reversals are yet to materialize. Macro Analysis The recent stabilization in gold prices can be attributed to the current mixed signals from global economic indicators. On one hand, inflationary pressures persist due to supply chain disr...