Gold Upside Potential Sees 12% Boost as Silver Faces Resistance
Emkay Wealth Management suggests that gold and silver retain their long-term appeal due to strong fundamentals, sustained central bank demand, and expectations of global interest-rate movements.
The firm believes that gold could have another 12 percent upside potential, while silver may encounter resistance around $68 and $74 per ounce. This resilience indicates that the broader uptrend remains intact, with the current consolidation potentially providing a stronger base for the next leg of the cycle.