central bank gold purchases

  • Gold Market Correction Anticipated Ahead of Key US Economic Data and Fed Policy Signals

    Gold Market Correction Anticipated Ahead of Key US Economic Data and Fed Policy Signals

    Nov 09, 2025 09:00 pm CST

    Gold prices are expected to enter a consolidation phase as markets await crucial US inflation data and clarity on monetary policy direction. Despite experiencing its strongest annual performance since 1979, gold may face downward pressure from a strengthening dollar and profit-taking, while finding support in safe-haven demand and central bank purchases. Silver prices mirror gold's trajectory while gaining additional relevance following its addition to the US critical minerals list.