Gold (XAU/USD) & Silver Price Forecast: Fed Tightening Weighs as Gold Tests Support
FXEmpire·2026-09-23 13:58
There are counterbalancing trends. Middle East tensions are bullish for both gold and silver as higher energy prices are inflationary. Saudi Arabia's recent increase in oil exports is deflationary. Silver shares similar trends to Gold. Silver has the additional support of a strong industrial base. Strong trends in electronics and renewable energy are supporting Silver demand and differentiating Silver from Gold. The outlook for both Gold and Silver is bearish with additional tightening by the Fed. From a st ...