March 3rd Market Update: Gold and Silver Prices Remain Flat The precious metals market has witnessed a lackluster trading session today, with both gold (XAU) and silver (XAG) prices unchanged at the live spot rate. The data reveals that both metals have maintained their stability despite fluctuations in day highs and lows. Gold (XAU) Technical Analysis Gold's price movement is largely range-bound, oscillating between $5091.17 and $5194.03. This narrow trading range suggests a consolidation phase, where the market awaits fresh catalysts to break through the upper or lower bounds. The relative strength index (RSI) indicates that gold is neither overbought nor oversold, maintaining its neutral bias. Macro Analysis The current market dynamics are driven by: Inflation expectations : Despite a slight dip in recent months, inflation remains above target levels, contributing to the precious metals' appeal as safe-haven assets. Yield curve : The flattening yield curve continues t...