State Street Global Advisors released its latest precious metals research report, reviewing the performance of the precious metals market in October. During that month, the gold price fell by a cumulative 6.8%, while Spot Silver saw a steeper decline, dropping by 18.7% in a single month. Both gold and silver have experienced a notable short-term correction. Based on a comprehensive analysis of multiple short-term and long-term factors, the institution has adjusted its forecast range for the gold price over the next 12 months.
State Street Global Advisors released its latest precious metals research report, reviewing the performance of the precious metals market in October. During that month, the gold price fell by a cumulative 6.8%, while Spot Silver saw a steeper decline, dropping by 18.7% in a single month. Both gold and silver have experienced a notable short-term correction. Based on a comprehensive analysis of multiple short-term and long-term factors, the institution has adjusted its forecast range for the gold price over the next 12 months.